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The balance of trade measures the difference between a country's exports and imports over a specific period. When exports exceed imports, the country has a trade surplus, indicating a positive balance, while a trade deficit occurs when imports exceed exports. This balance affects a nation's economy and currency value, influencing factors like employment and inflation. It is a key component of a country's overall balance of payments, which also includes financial and capital transactions.
What else can I help you with?
What is the difference between the balance of trade and the balance of payments?
the balance of trade is how much you receive the balance of payment is how much you pay
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 meant by invisible balance of trade?
Invisible balance of trade is the difference in value over a period of time of a country's imports and exports of services and payments of property incomes
Negative balance of trade?
A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.
Import export balance of trade?
Import-export balance of trade as captured in the Balance of Trade, is an economic measure of the country's imports ad exports, and their relationship.
How is balance of trade made plural?
The plural of balance of trade is "balances of trade."
What is the difference between the balance of trade and the balance of payments?
the balance of trade is how much you receive the balance of payment is how much you pay
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 Balance Of Trade Of India?
deffinition ofbalance of trade of India? what is balance of trade of India? give the detail this question.
Negative balance of trade?
A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.
Import export balance of trade?
Import-export balance of trade as captured in the Balance of Trade, is an economic measure of the country's imports ad exports, and their relationship.
What is meant by invisible balance of trade?
Invisible balance of trade is the difference in value over a period of time of a country's imports and exports of services and payments of property incomes
What are the two indicators nations rely on to measure global trade?
They are the balance of trade and the balance of payments.
Balance of trade?
The difference between the value of imports and exports of a country is the balance of trade. It is a country's largest component of balance of payments.
What is the present balance of trade situation in Pakistan?
Based on the reportÊin SeptemberÊ2014, Pakistan's balance of trade average was -22158.78 PKR million. This was the balance of trade average from 1957 until 2014.
Can I trade in my car when there is a loan balance?
You can trade your car in, however the loan balance must still be satisfied.
Is Australia's Balance Of Payments positive?
balance of payment is the difference between exports and imports so if Australia's exports trade balance exceeds its imports trade balance then it is positive
