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Does the US have a favorable or unfavorable balance of trade?
Favorable
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
An unfavorable balance of trade occurs when the value?
An unfavorable balance of trade occurs when a country's imports exceed its exports, leading to a trade deficit. This situation indicates that the country is spending more on foreign goods and services than it is earning from its own exports. Such a deficit can impact the economy by weakening the currency and increasing reliance on foreign markets. Over time, persistent trade deficits may raise concerns about economic stability and sustainability.
What is an unfavorable balance of trade?
pay more than foreign exchange
What did the british trade with china to settle the unfavorable trade balance?
porcelain, exotic tea, and silk.
Does the US have a favorable or unfavorable balance of trade?
Favorable
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
An unfavorable balance of trade occurs when the value?
An unfavorable balance of trade occurs when a country's imports exceed its exports, leading to a trade deficit. This situation indicates that the country is spending more on foreign goods and services than it is earning from its own exports. Such a deficit can impact the economy by weakening the currency and increasing reliance on foreign markets. Over time, persistent trade deficits may raise concerns about economic stability and sustainability.
When the value of the products that a country imports exceeds the value of the products it exports a what occurs?
An unfavorable balance of trade occurs, whereupon the sky becomes dark and a chill wind sweeps over the country.
What is an unfavorable balance of trade?
pay more than foreign exchange
What did the british trade with china to settle the unfavorable trade balance?
porcelain, exotic tea, and silk.
What did the british trade with the china to settle the unfavorable trade balance?
porcelain, exotic tea, and silk.
Why a nation can have a favorable balance of trade and a unfavorable balance of payment?
it shows up as a trade deficit with the soncumer-goods-exporting nation.
What is the meaning of unfavorable balance of trade?
Let us first define what is the Balance of Trade (BOT). BOT is the difference between export earnings and import expenditure. Accordingly it called unfavorable balance of trade when the amount realized from physical (or tangible or visible) exports is less than the amount spent on physical imports, otherwise it is called 'favorable' Balance of Trade.
What is when a country's imports exceed it's exports?
If a country's export exceeds the import then the balance of trade is unfavorable.
Explain what it means that the British had an unfavorable trade balance in China?
im guessing you rion mr poseys class?
When the balance of trade between what a nation?
The balance of trade refers to the difference between a nation's exports and imports of goods and services over a specific period. A positive balance, or trade surplus, occurs when exports exceed imports, while a negative balance, or trade deficit, happens when imports surpass exports. This balance can reflect a country's economic health, influence currency value, and impact policy decisions. Ultimately, a favorable balance can boost domestic industries, while an unfavorable balance may lead to increased foreign debt or economic vulnerability.
