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The difference in value between a country’s imports and its exports.
Balance Of Trade
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Other
Related Terms
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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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Trade Balance measures the difference in value between imported and exported goods and services. If exports...
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The Current Account Balance (CAB) is a function relating to a country’s Balance of Payments (BOP), others...
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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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