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The difference in value between a country’s imports and its exports.
Balance Of Trade
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Related Terms
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Trade Balance measures the difference in value between imported and exported goods and services. It is the...
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GDP stands for Gross Domestic Product. GDP is the total value of the goods and services produced in a...
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The Current Account is the difference between a nation’s total exports of goods, services, and transfers,...
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Currency devaluation is a monetary policy tool used by governments to deliberately reduce the value of a...
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A petrocurrency is a currency of an oil-producing country whose oil exports as a share of total exports are...
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