Variationfavourable trade balancenouna situation where a country's exports are larger than its imports
Related information about favourable balance of trade:
- What is favourable balance of trade? definition and meaning
Definition of favourable balance of trade: Variationfavourable trade balancenouna situation where a country's exports are larger than its imports.
- balance of trade -- Britannica Online Encyclopedia
If the exports of a country exceed its imports, the country is said to have a favourable balance of trade, or a trade surplus. Conversely, if the imports exceed ...
- National Income, Exchange Rates and the Balance of Trade ... - JStor
country runs, say, a permanent favourable balance of trade, and an increase in her income causes equal proportionate increases in the value of both her imports ...
- balance of trade: Definition from Answers.com
If a nation's exports exceed its imports, the nation has a favourable balance of trade, or a trade surplus. If imports exceed exports, an unfavourable balance of ...
- balance of trade noun - definition in Business English Dictionary ...
adverse/favourable balance of trade. (Definition of balance of trade noun from the Cambridge Business English Dictionary © Cambridge University Press) ...
- Balance of trade - Merriam-Webster Online
If a nation's exports exceed its imports, the nation has a favourable balance of trade, or a trade surplus. If imports exceed exports, an unfavourable balance of ...
- The term "favorable balance of trade" - Quarterly Journal of Economics
"favourable balance of trade" in The Wealth of Nations. 2. ". . . there is no certain ..... tend to create a "favourable balance of trade," under the Thornton usage, an ...
- CBS - Dutch balance of trade has been favourable for nearly three ...
Apr 22, 2010... i.e. more than 7 percent of the gross domestic product (GDP). The Netherlands has had a favourable balance of trade for the last 29 years.