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An unfavorable balance of trade occurs?
an imbalance of trade. More going in one direction that the other.
Balance of trade?
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.
What is a balance of trade?
A balance of trade is the difference between the monetary value of exports and imports in an economy over a certain time period.
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
What is favorable balance of trade?
A situation that exists when the value of a nation's exports is in excess of the value of its imports.
An unfavorable balance of trade occurs?
an imbalance of trade. More going in one direction that the other.
When the value of the products that a country imports exceeds the value of the products it exports a what occurs?
An unfavorable balance of trade occurs, whereupon the sky becomes dark and a chill wind sweeps over the country.
Balance of trade?
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.
Balance of trade in a sentence?
The balance of trade (or net) is the difference between monetary value of exports and imports of output in an economy.
What is a balance of trade?
A balance of trade is the difference between the monetary value of exports and imports in an economy over a certain time period.
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
What is the difference in value between what a nation imports and what it exports over time?
The the difference in value between what a nation imports and exports over time is called the trade balance. If a nation exports more than it imports, it has a trade surplus. If a nation imports more than it exports, it has a trade deficit. This trade balance can impact a nation's currency value and overall economic health.
What is the term for the difference between the total value of exports and the total value of inports?
balance of trade
What is favorable balance of trade?
A situation that exists when the value of a nation's exports is in excess of the value of its imports.
This is the difference in the monetary value of exports and imports for a country?
Balance of Trade
The value of goods imported into France exceeds the value of French exports This indicates that France?
has a balance of trade deficit
According to the theory of mercantilism a country has a favorable balance of trade when?
the value of exports is greater than the value of imports
