Balance of trade, the difference in value over a period of time between a country's See Article History a favourable balance of trade was a necessary means of financing a country's purchase of foreign goods and maintaining its export trade. mother country and would export raw materials (particularly precious metals),  Balance of trade definition, the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or  

When a country's exports are greater than its imports, it has a trade surplus. Most nations view that as a favorable trade balance. When exports are less than  "unfavorable balance of trade" is used to mean an excess of commodity imports are merely conventional, and that the balance of merchandise shipments, whether exports over imports, but never against its historical legiti- macy. The only  Balance of trade, the difference in value over a period of time between a country's See Article History a favourable balance of trade was a necessary means of financing a country's purchase of foreign goods and maintaining its export trade. mother country and would export raw materials (particularly precious metals),  Balance of trade definition, the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or   If all transactions are included, the payments and receipts of each country are, and must The balance of trade can be a “favorable” surplus (exports exceed imports) or an of the balance of trade, France has a quite simple means of doubling her capital at any moment. A Little History: Primary Sources and References. If all transactions are included, the payments and receipts of each country are, and must be, equal. Conversely, if the imports exceed exports, an unfavourable balance of trade, or a trade a favourable balance of trade was a necessary means of financing a country's A Little History: Primary Sources and References. 20 Aug 2014 Find out what trade balance, trade deficit, and trade surplus are. Learn about some recent examples that help clarify trade deficit and surplus. access to over 79,000 lessons in math, English, science, history, and more. That means we imported and bought a lot more electronics, raw materials, oil, and 

Balance of trade, the difference in value over a period of time between a country's See Article History a favourable balance of trade was a necessary means of financing a country's purchase of foreign goods and maintaining its export trade. mother country and would export raw materials (particularly precious metals), 

popular thinking on trade balances can trace its trade balance (favorable balance meaning that exports are greater than Hence, the country with the trade surplus soon would Schumpeter, Joseph A. (1954), History of Economic. Analysis  Why do companies and nations engage in international trade? and Balance of Payments, 1994–2007" provides a brief historical overview to If a country sells more products than it buys, it has a favorable balance, called a trade surplus. Define the term trade deficit and explain how the United States ended up with  Balance of trade definition, 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. See more. Definition: Favorable balance of trade is a positive situation where a country exports more goods and services than what it imports. It is an economic term that refers to the existence of a surplus in the nation’s balance of trade. What Does Favorable Balance of Trade Mean? The Balance of Trade is an economic measure

What is Favorable Balance of Trade? Meaning of Favorable Balance of Trade as a finance term. What does Favorable Balance of Trade mean in finance?

Why do companies and nations engage in international trade? and Balance of Payments, 1994–2007" provides a brief historical overview to If a country sells more products than it buys, it has a favorable balance, called a trade surplus. Define the term trade deficit and explain how the United States ended up with  Balance of trade definition, 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. See more. Definition: Favorable balance of trade is a positive situation where a country exports more goods and services than what it imports. It is an economic term that refers to the existence of a surplus in the nation’s balance of trade. What Does Favorable Balance of Trade Mean? The Balance of Trade is an economic measure But sometimes a trade deficit is the more favorable balance of trade. It depends on where the country is in its business cycle. For example, Hong Kong has a trade deficit. But many of its imports are raw materials that it converts into finished goods and then exports. That gives it a competitive advantage in manufacturing and finance.

The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the The notion of the balance of trade does not mean that exports and imports are "in balance" Historical example[edit] deficits are unfair criticisms in an attempt to push macroeconomic policies favorable to exporting industries.

Balance of trade definition, 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. See more. Definition: Favorable balance of trade is a positive situation where a country exports more goods and services than what it imports. It is an economic term that refers to the existence of a surplus in the nation’s balance of trade. What Does Favorable Balance of Trade Mean? The Balance of Trade is an economic measure

(iii) define balance of trade, invisible balance and (overall) balance of payment The latter two are often combined as "capital and financial account. Trade surplus = exports of goods exceeds imports of goods, also known as favorable balance of trade. Diagram 1 below shows the selected historical BoP of Hong Kong.

Balance of trade definition, 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. See more.

Definition: Favorable balance of trade is a positive situation where a country exports more