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
A positive balance of trade, exports exceed imports
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.
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.
trade surplus is better than trade deficit because it entails a better balance of payments (BOP) while trade deficit entails poor balance of payments.trade surplus also implies that exports exceed imports.When a nation has a trade surplus, it has control over the majority of its own currency. This causes a reduction of risk for another nation selling this currency, which causes a drop in its value. When the currency loses value, it makes it more expensive to purchase imports, causing an even a greater imbalance.a trade deficit usualy has adverse effects on an economy especialy on the markets
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
positive balance of trade.
A positive balance of trade, exports exceed imports
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.
The balance of trade, also known as net exports, is the difference between the dollar amount of merchandise exports and the dollar amount of merchandise imports.
No, Germany has a balance of payments surplus.
balance of trade
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.
trade surplus is better than trade deficit because it entails a better balance of payments (BOP) while trade deficit entails poor balance of payments.trade surplus also implies that exports exceed imports.When a nation has a trade surplus, it has control over the majority of its own currency. This causes a reduction of risk for another nation selling this currency, which causes a drop in its value. When the currency loses value, it makes it more expensive to purchase imports, causing an even a greater imbalance.a trade deficit usualy has adverse effects on an economy especialy on the markets
their trade surplus
he balance of payments defines an economy's account of receipts and payments.it includes all current accounts and capital accounts. a deficit in current account is managed by creating a surplus in capital account and vice-versa.however,balance of trade is just the balance of exports and imports,exports receipts can be greater than import payments,this creates surplus in the economy and deficit in the other case. balance of trade is a component of BOP.
Germany currently has a trade surplus. COOL HUH !