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Q: What is the meaning of a deficit on the goods and services balance?
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Why has the goods and services balance sometimes shown a surplus while the merchandise trade balance shows a deficit?

The reason is that goods and services exports minus exports on merchandise trade plus services while merchandise trade is for only exports minus importsexcluding services. Goods and services is exports minus imports plus services. Merchandise trade is exports minus imports excluding services


How exchange rate has affected BOP?

If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)


Is an accurate description of the foreign trade of the US?

The balance of trade deficit occurs only on the imports of goods and services and income receipts from foreign countries.


Why a nation can have a favorable balance of trade and a unfavorable balance of payment?

it shows up as a trade deficit with the soncumer-goods-exporting nation.


The value of goods imported into France exceeds the value of French exports This indicates that France?

has a balance of trade deficit


Who is the worlds largest producer of goods and services?

The united states... although we're at a deficit... it stilll produces goods and servicess. -14 yr old.


Does Mexico bring in more goods and services than it sells to other countries?

You mean a trade deficit and yes, Mexico has it.


Does the The strength of the economy depends on the balance of production and consumption of goods and services?

true


Meaning of requisition?

is is a formal demand for goods or services


The increase in the value of the goods and services produced by an economy are?

Economic Growth. The increase in the value of the goods and services produced by an economy is call Economic Growth. I suppose one might take the difference between the GDP this year and last year to get a change in GDP that might represent 'Economic Growth.' But since the GDP's for both years includes Deficit Spending I don't think that would truly represent 'goods and services' per your question. A better choice would to deduct Deficit Spending for both years and then compare. I believe all government spending, which is included in the GDP, is also in this catagory. Such spending does not represent money exchanged for goods and services in our economy, it represents a sort of cost. It came from taxes or deficit spending, not production. Even the spending they do may not be used to purchase goods and services produced in America.


How can deficit financing policy can cause inflation in Pakistan?

Deficit Financing is a tool with Government to finance development and non development expenditures by printing currency notes. Due to the Government spending the extra currency notes come in circulation in economy. Since total amount of goods and services in the economy remain the same rather people get addition money to buy the goods and services. Due to the effect of demand pull inflation the prices of goods and services in the economy rises and is main source of inflation.


What happens when euro appreciates to the US dollar?

Goods exported from the US become cheaper for countries using the Euro, this then shrinks our current account deficit (importing more goods/services than we export)