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an imbalance of trade. More going in one direction that the other.
Wiki User
∙ 15y ago
Wiki User
∙ 9y agoOccurs when the difference between the value of a country's exports and the value of its imports such that imports exceed exports. If sustained, causes unemployment and lowers GDP growth.
Wiki User
∙ 9y agoAn unfavorable trade balance is also known as trade deficit. This occurs when the volume of products being imported is higher than what is being exported.
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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
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.
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.
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
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 the china to settle the unfavorable trade balance?
porcelain, exotic tea, and silk.
What did the british trade with 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?
What is the difference between a favorable and an unfavorable balance of trade?
noun the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. ----
Is Mexico's balance in trade favorable or unfavorable?
Right now (June 2014), it is favorable by some USD 423 million.
