Exchange Currency

favourable balance of trade

Variationfavourable trade balancenouna situation where a country's exports are larger than its imports

Related information about favourable balance of trade:
  1. 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.
     
  2. 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 ...
     
  3. 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 ...
     
  4. 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 ...
     
  5. 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) ...
     
  6. 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 ...
     
  7. 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 ...
     
  8. 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.