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What is it called when you compare countries imports to its exports?
balance of trade?
What is it called when exports are equal imports?
This is known as a balance of trade.
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.
Balance trade is more important to a nation so that they can become what?
so they can become something
Buying more from other countries than you sell to them is called what?
Balance of trade deficit, or just trade deficit for short.
What is it called when you compare countries imports to its exports?
balance of trade?
What is it called when exports are equal imports?
This is known as a balance of trade.
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 meant by balance of trade?
The term Balance of Trade (or BOT) is the largest component of a country's current account in its balance of payments (BOP) accounts.It shows the difference between export earnings and import expenditure.It is called 'favorable' when the amount realized from physical (or tangible or visible) exports is more than the amount spent on physical imports, otherwise called 'unfavorable.'It is called also trade balance.
Balance trade is more important to a nation so that they can become what?
so they can become something
How is balance of trade made plural?
The plural of balance of trade is "balances of trade."
Buying more from other countries than you sell to them is called what?
Balance of trade deficit, or just trade deficit for short.
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 does Balance of Trade mean?
The term Balance of Trade (or BOT) is the largest component of a country's current account in its balance of payments (BOP) accounts.It shows the difference between export earnings and import expenditure.It is called 'favorable' when the amount realized from physical (or tangible or visible) exports is more than the amount spent on physical imports, otherwise called 'unfavorable.'It is called also trade balance.
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.
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.
