What is balance of trade definition

The balance of trade is the difference between the value of a country's imports and exports for a given period. A country that imports more goods and services than it exports in terms of value has a trade deficit. Conversely, a country that exports more goods and services than it. The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the .. This deficit exists as it is matched by investment coming into the United States – purely by the definition of the balance of payments, any current. Balance of trade (BOT), also known as the trade balance, is the calculation of a country's exports minus its imports. When a country imports more than it exports, the resulting negative number is called a trade deficit. When the opposite is true, a country has a trade surplus.

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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 . Definition: Balance of Trade (BOT) is the difference in the value of all exports and imports of a particular nation over a period of time. A positive or favorable trade. The balance of trade is a country's exports minus its imports. Learn about favorable and unfavorable trade balances and the balance of payments.

The balance of trade (BOT), also known as the “trade balance,” refers to the difference between the monetary value of a country's imports and exports over a. Balance of trade, the difference in value over a period of time between a country's imports and exports of goods and services, usually expressed in the unit of. Guide to Balance of Trade and its definition. Here we explain the formula of Balance of Trade along with practical examples.

Definitions and Basics. Balance of Payments, from the Concise Encyclopedia of Economics. The balance of payments accounts of a country record the payments . balance of trade definition: the difference between the money that a country receives from exports and the money it spends on imports. Learn more. Definition of balance of trade (BOT): Largest component of a country's current account in its balance of payments (BOP) accounts, it shows the difference.

unfavorable balance of trade

Definition of unfavorable balance of trade: An economic occurrence where a country imports more than their total exports per capita. Also called trade deficit. The balance of trade is the account that details the value of exported goods and the value of imported goods. To calculate the balance of trade. Definition trade balance: The balance of trade measures net exports of goods and services (NX). It is the value of exports - the value of imports. Define balance of trade. balance of trade synonyms, balance of trade pronunciation, balance of trade translation, English dictionary definition of balance of trade. Definition of Balance of trade: The difference between a country´s total merchandise exports and imports for a specific time period. If exports exceeds imports. The balance of payments tracks international transactions. When funds go into a country, a credit is added to the balance of payments Key term, Definition. n the difference in value over a period of time of a country's imports and exports of merchandise. “a nation's balance of trade is favorable when its exports exceed . A country's trade balance is positive (meaning that it registers a surplus) if the value of exports exceeds the value of imports. Conversely, a country's trade. balance of trade definition: the difference in value between a country's exports and imports. Find out the meaning of Balance of Trade in Alpari's Glossary →.