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What is the difference between a favorable and an unfavorable balance of trade?
Wiki User
∙ 14y ago
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. ----
Wiki User
∙ 14y ago
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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 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.
An unfavorable balance of trade occurs?
an imbalance of trade. More going in one direction that the other.
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 is the difference between total imports and exports?
The 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 difference between a favorable variance and an unfavorable variance?
Favourable variance is that variance which is good for business while unfavourable variance is bad for business
What conflicts may arise between individual choice?
unfavorable or favorable consequences
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.
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.
What is the difference between a thermodynamically favorable and a thermodynamically unfavorable reaction?
Enthalpy change is not the only consideration for whether a reaction is favorable. However, if the enthalpy change is large, it is usually the dominant factor in determining favorability. Therefore, reactions that have a large, negative tend to be favorable, because the reaction usually releases energy when it occurs. Reactions that have a large, positive tend to be unfavorable as written, because the reaction usually requires energy to occur.
What does a sales volume variance measure?
it measures the difference between the actual number of unites sold and the budgeted units sold. it's favorable when it's a negative number and unfavorable when it's a positive number.
What is the similaritys between artificial and natural selection?
they are both weeding out unfavorable traits for favorable traits to be well equipped for survival
What is a favorable balance trade?
it is the relationship between a country's imports and exports ;)
What is the difference between balance sheet and worksheet?
There is a difference between: Worksheet and Balance Sheet
What is difference between worksheet and balance sheet?
There is a difference between: Worksheet and Balance Sheet
Difference between product modulator and balance modulator?
what is the difference between balance n product modulator
