idgaf ,. i just want the answer
Terms of Trade refers to the value of the country's exports relative to that of the country's imports. If a country's terms of trade is less than 100% there is more capital leaving the country, buying imports, than there is coming in from exports. It is possible to determine the health of the country's economy from these figures
When a country exports more goods then it imports
exports more than it imports
That is called a trade deficit.
Country exports more than their total imports per capita
The difference in value between what a nation imports and what it exports is called the trade balance. If a country exports more than it imports, it has a trade surplus. If it imports more than it exports, it has a trade deficit. A balanced trade is when a country's imports and exports are equal.
The country's net exports are positive(net exports being exports minus imports)
Terms of Trade refers to the value of the country's exports relative to that of the country's imports. If a country's terms of trade is less than 100% there is more capital leaving the country, buying imports, than there is coming in from exports. It is possible to determine the health of the country's economy from these figures
When a country exports more goods then it imports
exports more than it imports
a situation where a country has more visible imports than it has exports
That is called a trade deficit.
Country exports more than their total imports per capita
imports more that it exports
It is an economic advantage for a country to export more than it imports, because this will give it extra money which it can then invest in other countries.
trade deficit
Net Exports (X-I) equal Exports (X) minus Imports (I). If Net Exports are negative ( X - I < 0 ) it implies that Imports must be larger than Exports. The country is importing more than it is exporting. This is also known as a Trade Deficit or a Commercial Deficit.