North Atlantic free trade agreement
Taxes that are placed on imports and exports are referred to as tariffs. A debate exists regarding whether or not high tariffs help or hurt a nation's economy.
This is called a trade defecit.
A trade surplus is when exports exceed imports.
When nation's value of imports exceeds the value of its exports, it can be said that the nation has a trade deficit.
The tax on the imports and exports of a country are tariffs or duties. Many countries in the world have tariffs.
The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.
It is called a trade deficit.
balance of trade?
This is known as a balance of trade.
When an entity's exports are worth more than imports, it is said to have a trade surplus. When more is imported than exported, it is called a trade deficit.
It is called a "negative trade deficit".
That is called a trade deficit.
it is call a defict..... I think
Nations discourage imports by tariffs or import duty which are special taxes on imports. If imports are actually fordidden it is called an embargo. Nations could also discourage imports by manipulating the currency exchange rate to make the local currency more valuable in relation to foreign currency.
They are exports to the country selling them, imports to the purchasing country.
If a country's export exceeds the import then the balance of trade is unfavorable.
The Embargo Act.
The buying and selling of different goods is called commerce, or imports and exports.
these are called exports. imports are the ones that other countries sell and that we buy
Balance of trade, or net exports as it is sometimes called, is the difference between the monetary value of exports and imports of an economy over a certain period of time. In other words, it denotes the relationship between a country's imports and exports. This may be positive or negative.A positive trade balance is known as a trade surplus and this happens when exports are more than imports. On the other hand, a negative trade balance is called as a trade deficit or a trade gap and results when the imports are more than . The balance of trade is sometimes divided into a goods and a services balance.A country attains favourable balance of trade, when its value of exports produced by that country and purchased by a foreign country is more than its imports. This is because it results in a net inflow of monetary payments into the country from the foreign sector. It is called favourable becasue it is beneficial to a country.M.J. SUBRAMANYAM, MUMBAI