it is important for a country to balance its exports & imports because if a country imports more than it exports it has to borrow from a international organizations like the World Bank ,and will then have to repay the loan with high interest. this means it will have less to spend on services such as schools ,hospitals ,law and order ,roads , etc
Difference in value over a period of time between a nation's imports and exports of goods and services. The balance of trade is part of a larger economic unit, the balance of payments, which includes all economic transactions between residents of one country and those of other countries. If a nation's exports exceed its imports, the nation has a favourable balance of trade, or a trade surplus. If imports exceed exports, an unfavourable balance of trade, or a trade deficit, exists. Under mercantilism a favourable balance of trade was an absolute necessity, but in classical economics it was more important for a nation to utilize its economic resources fully than to build a trade surplus. The idea of the undesirability of trade deficits persisted, however, and arguments against deficits are often advanced by advocates of protectionism
It is important for a country to balance its exports and imports through this
1,The currency will be stable
2,through this the country will increase its job opportunity
3,the country can increase its trade
4,through this countries will increase relationship with other countries
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
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.
Country exports more than their total imports per capita
Balance of trade
balance of payment is the difference between exports and imports so if Australia's exports trade balance exceeds its imports trade balance then it is positive
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
balance of trade
When imports and exports are the same
Balance of Trade
it is the relationship between a country's imports and exports ;)
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.
If a country's export exceeds the import then the balance of trade is unfavorable.
Country exports more than their total imports per capita
Balance of trade
balance of payment is the difference between exports and imports so if Australia's exports trade balance exceeds its imports trade balance then it is positive
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. ----
Net exports or the balance of trade.