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trade deficit:negative balance of trade
trade surplus: positive balance of trade
The United States has a trade deficit when they import more than they export. We have a trade surplus when we export more than we import.
expansoinary monetry policy can reduce the trade dificit in long run
Germany currently has a trade surplus. COOL HUH !
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
surplus Quantify the surplus amount as in March 2011
"China has a lage trade surplus."
Crops were needed as a surplus to help create trade between cultures.
expansoinary monetry policy can reduce the trade dificit in long run
their trade surplus
Germany currently has a trade surplus. COOL HUH !
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
A trade surplus because of their auto exports.
surplus Quantify the surplus amount as in March 2011
Crops were needed as a surplus
"China has a lage trade surplus."
One example of trade surplus is South Korea.
The United States' surplus in international trade ended in 1983.
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.