The trade balance is a record of the values of merchandise (visible goods) that are exported and imported. The trade balance is negative when the value of imports is greater than exports and positive when the value of exports is greater than imports. | Macroeconomics

Title

The trade balance is a record of the values of merchandise (visible goods) that are exported and imported. The trade balance is negative when the value of imports is greater than exports and positive when the value of exports is greater than imports.

%title

The trade balance is a record of the values of merchandise (visible goods) that are exported and imported. The trade balance is negative when the value of imports is greater than exports and positive when the value of exports is greater than imports.

Subject: 

  • Economics

Category: 

  • Macroeconomics