oussama94
05-28-2017, 23:38
The trade balance of a country shows the net difference
over a period of time between a nation’s exports and imports. When a country
imports more than it exports the trade balance is negative or is in a
deficit. If the country exports more than it imports the trade balance is
positive or is in a surplus. The trade balance indicates the redistribution of
wealth among countries and is a major channel through which the macroeconomic
policies of a country may affect another country
over a period of time between a nation’s exports and imports. When a country
imports more than it exports the trade balance is negative or is in a
deficit. If the country exports more than it imports the trade balance is
positive or is in a surplus. The trade balance indicates the redistribution of
wealth among countries and is a major channel through which the macroeconomic
policies of a country may affect another country