Balance of trade

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The balance of trade is the difference between the monetary value of exports and imports of output in an economy over a certain pe...

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Beschreibung

The balance of trade is the difference between the monetary value of exports and imports of output in an economy over a certain period. It is the relationship between a nation's imports and exports. A favourable balance of trade is known as a trade surplus and consists of exporting more than is imported; an unfavourable balance of trade is known as a trade deficit or informally, a trade gap. The balance of trade is sometimes divided into a goods and a services balance.

Produktinformationen

Titel:

Balance of trade

Untertitel:

Current account, Net international investment position, Business cycle, List of the largest trading partners of the United States, Federal Reserve Economic Data

Editor:

Frederic P. Miller

Agnes F. Vandome

John McBrewster

EAN:

9786130613020

ISBN:

978-613-0-61302-0

Format:

Kartonierter Einband

Herausgeber:

Alphascript Publishing