Balance of trade

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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 South Korea amounted to RO882,923,875 with a surplus in trade balance for the Sultanate amounting to RO618,430,165.
Meanwhile, the Trade Balance of services deficit is steadily shrinking (Chart 2).
Other regions that had a positive trade balance were Central Luzon with P7.
25 billion, leaving a cumulative trade balance surplus of R47.
The objective of this paper is to address this gap in the existing literature by examining in a multivariate context the influence of both the exchange rate and structural factors on China's trade balance.
Trade balance data from 2005 to 2019, including import and export data and net exports and imports as a percentage of demand
The imported items that registered an increase in the trade balance were: wheat, which increased by 103.
Egypt's trade balance, however, has been suffering from a deficit for a while, due to the country's imports in general exceeding its exports.
The Marshall-Lerner condition states that a real devaluation (or a real depreciation) of the currency will improve the trade balance if the sum of the elasticities (in absolute values) with respect to the RER is greater than 1.
Earlier this year, Iranian Minister of Communications and Information Technology Mahmoud Vaezi announced that Tehran and Ankara will considerably increase their trade balance by next year.
The country's trade balance with 78 more countries was generally positive.
However, little attention has been paid to the indirect macroeconomic effects of FDI on the current account through the trade balance.