Definition Of Balance Of Trade

The balance of trade measures a flow of exports and imports over a given period of time.

Definition of balance of trade. The balance of trade bot is the difference between a country s imports and its exports for a given time period. Balance of trade definition. The balance of trade commercial balance or net exports sometimes symbolized as nx is the difference between the monetary value of a nation s exports and imports over a certain time period. The balance of trade is the value of a country s exports minus its imports.

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. It s easy to measure since all goods and many services pass through the customs office. Meaning pronunciation translations and examples. Balance of trade bot.

Balance of trade definition. The difference in value between the total exports and total imports of a nation during a specific period of time. The balance of trade is the largest component of the. A country s balance of trade is the difference in value over a period of time between.

For any economy current asset bot is one of the significant components as it measures a country s net income earned on global assets. Define balance of trade. Balance of trade definition is the difference in value over a period of time between a country s imports and exports. Balance of trade synonyms balance of trade pronunciation balance of trade translation english dictionary definition of balance of trade.

Sometimes a distinction is made between a balance of trade for goods versus one for services. It s the biggest component of the balance of payments that measures all international transactions.