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Which of these terms means the amount of goods sold abroad compared to what is bought abroad?
Wiki User
∙ 14y ago
a trade deficit
Wiki User
∙ 14y ago
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The amount of goods sold abroad compared to what is bought abroad is?
a trade deficit
How exchange rate has affected BOP?
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
What name is given to goods bought into a country?
Goods taken into a country are imported goods.
Goods which are bought by the company?
productes
What are Goods or services bought with other goods or services called?
This is the barter system.
The amount of goods sold abroad compared to what is bought abroad is?
a trade deficit
What terms means the amount of goods sold abroad compared to what is bought abroad?
Trade balance refers to the difference between a country's exports and imports of goods. When a country exports more goods than it imports, it is said to have a trade surplus, and vice versa for a trade deficit.
What is Balance-of-trade?
The difference in value of goods that a country sells abroad compared to those it purchases from other countries.
What was bought from the manhates people for a small amount o beads and other goods?
XD
How do consumers affect a business?
Consumers can affect a business based on consumptions of goods. The amount of goods that are bought and sold affect the profit and loss of a business.
Which of these is the best description of a standard of living?
It is the amount of material goods and luxuries that can be afforded compared to a person's income level.
How do you place a value on money?
By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it. By the amount of goods or services you can buy for it.
Which market or markets are consumer goods and services bought into?
Goods or services bought by a consumer are bought in the consumer market. The consumer market includes fast moving consumer goods, consumer durables, soft goods and services.
What part did the consumer goods play in causing the great depression?
Speculation on consumer goods helped to drive the Great Depression. Holding money became profitable as prices dropped lower and a given amount of money bought ever more goods, exacerbating the drop in demand
How exchange rate has affected BOP?
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
What is the accounting entries when goods are bought on credit?
The journal entry is the accounting entry which lists the goods that are bought on credit.
What name is given to goods bought into a country?
Goods taken into a country are imported goods.
