Favorable
Yes, as the balance of trade is only one part of the balance of payments
creation of a favorable balance of trade
creation of a favorable balance of trade
An interest in having a favorable trade balance
Favorable
Yes, as the balance of trade is only one part of the balance of payments
creation of a favorable balance of trade
seeking a favorable trade balance
creation of a favorable balance of trade
An interest in having a favorable trade balance
balance of trade
it shows up as a trade deficit with the soncumer-goods-exporting nation.
NO, US$16.8 billion in 2008
it is the relationship between a country's imports and exports ;)
A favorable balance of trade occurs when a country's exports exceed its imports, resulting in a trade surplus. This situation is generally viewed as positive for the economy, as it indicates that a nation is selling more goods and services to other countries than it is buying from them. A favorable balance can strengthen the national currency and contribute to economic growth. However, it may also lead to trade tensions with countries that have trade deficits.
Right now (June 2014), it is favorable by some USD 423 million.