Balance of trade, Macroeconomics

Balance of Trade

A country's present account reflects a money drain when exports exceed imports. The net distinction in-between the dollar value of a world imports and exports over a period of time. Although the balance of trade plays a most important role in establishing national trade policies, it has little effect on organizations fortunes, other than as a long-term indicator of present's stability.

Posted Date: 10/15/2012 2:35:15 AM | Location : United States

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