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The determinants of trade balance include factors such as exchange rates, which influence the relative prices of exports and imports; domestic economic growth, which affects consumer demand for foreign goods; and inflation rates, which can impact the competitiveness of a country's products. Additionally, trade policies, tariffs, and global economic conditions also play significant roles in shaping a nation's trade balance. Furthermore, supply chain dynamics and the availability of Natural Resources can affect exports and imports, thereby influencing the overall trade balance.
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
What are the four determinants of economy?
Investment Trade Sound Financial Institutions Better ways of Doing things
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 motivators and determinants?
What is a Motivants and Determinants
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.
