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Favorable Trade Balance |
Also found in: Legal | 0.04 sec. |
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Favorable trade balance Condition that total exports of a nation exceed total imports, creating a net export. Favorable Trade Balance The difference between the value of a country's exports and the value of its imports such that the value of exports is greater. Analysts disagree on the impact, if any, of a favorable trade balance on the economy. Some economists believe that a favorable trade balance creates employment and increases GDP growth. Others believe that the balance of trade has little impact. A favorable trade balance is also called a trade surplus. See also: Trade deficit. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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