Balance of trade


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Related to Balance of trade: Balance of Payment

BALANCE OF TRADE, Com. law. The difference between the exports and importations, between two countries. The balance of trade is against that country which has imported more than it has exported, for which it is debtor to the other country.

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The volume of trade exchange with Iran amounted to RO349,807,063 as the balance of trade surplus is in favor of Iran by RO144,083,713.
Finally, and in regard to the international effect, alternatively known as the net exports effect, the balance of trade effect, the foreign purchases effect, the exchange rate effect, and the Mundell-Fleming effect, aggregate demand is more elastic the more responsive are exports and imports to changes in the domestic price level.
Problem StatementPakistan has been suffering Economic Dilemma that Balance of Trade is in Deficit despite of continuous Depreciation in its Currency.
4% of the total foreign trade), and the unfavorable balance of trade dropped by 15% to $349.
The problem, as our balance of trade figures show is that the consumer goods would have to be imported, and as we import more than we export this would have to be financed by borrowing.
The exchange rate system adopted by Pakistan is floating depending on market conditions; however, it is frequently adjusted in hope of improving balance of trade.
In the first quarter of 2012, the external balance of trade in services of the EU was in surplus by 25.
Their informed and timely decisions will allow for improvement in the balance of trade scenario in Pakistan and will positively contribute towards the growth and development of Pakistan's economy.
This is still the greatest industry and is one where the balance of trade is in our favor.
Accordingly the overall balance of trade declined 49 per cent to pounds 195 million.
This meant a 9% jump in the balance of trade deficit to a new record of 462m [pounds sterling].
Environmental protection should be included in the overall balance of trade so that it becomes a major component of the nation's economy.