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Trade Balance

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Trade Balance Empty Trade Balance

Post  Admin on Wed May 03, 2017 7:43 am

Trade Balance is the difference between imports and exports of goods.
Trade deficit indicates that imports of goods are greater than exports. When exports are greater than imports, there is a trade surplus. Trade surpluses indicate that funds are coming into a country in exchange for exported goods.
The balance of trade is sometimes divided into a goods and a services balance.
Trade balance forms part of a current account.

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