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What else can I help you with?
A trade surplus is generally known as a?
positive balance of trade.
Where did the portuguese trade route lead?
India
Which colonies had the best balance of trade with the mother country?
The middle colonies had the best balance of trade with england.
What places did vasco da gama explore?
he discovered Africa, Cape of Good Health and India. Trade routes include:*trade route from Europe to India*trade route from Western route to India
Who agreed to allow the English to set up a base of operations for trade in India?
Jahangir allowed the englishs to trade in India.
How is balance of trade made plural?
The plural of balance of trade is "balances of trade."
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
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 meant by invisible balance of trade?
Invisible balance of trade is the difference in value over a period of time of a country's imports and exports of services and payments of property incomes
Negative balance of trade?
A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit.
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.
India's balance of payment since 1991?
India's balance of payment since 1991
Who were the first European trade with India?
the portuguese were the first to trade in India...........
What is an important balance of trade is called?
An important balance of trade is called the "trade balance," which measures the difference between a country's exports and imports of goods and services. A positive trade balance, or surplus, occurs when exports exceed imports, while a negative trade balance, or deficit, occurs when imports surpass exports. The trade balance is a key indicator of a country's economic health and competitiveness in the global market.
When does a trade considered as a favorable balance of trade and unfavorable balance of trade?
A favorable balance of trade occurs when a country exports more goods and services than it imports, leading to a trade surplus. Conversely, an unfavorable balance of trade occurs when a country imports more than it exports, resulting in a trade deficit. A favorable balance can indicate economic strength, while an unfavorable balance may suggest reliance on foreign goods and potential economic vulnerabilities.
Indias Balance of payment is prepared by?
India's balance of payments is prepared by the Reserve Bank of India.
What are the two indicators nations rely on to measure global trade?
They are the balance of trade and the balance of payments.
