Unfavorable Balance of Trade

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Unfavorable Balance of Trade

The value of a nation's imports in excess of the value of its exports.

Unfavorable Balance of Trade

The difference between the value of a country's exports and the value of its imports such that imports exceed exports. Analysts disagree on the impact, if any, of an unfavorable balance of trade on the economy. Some economists believe that an unfavorable balance of trade, especially if sustained, causes unemployment and lowers GDP growth. Others believe that the balance of trade has little impact, because the more international trade occurs, the more likely it is that foreign companies will invest in the home country, negating any negative effects. An unfavorable balance of trade is also called a trade deficit.
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While the cheapening rupee will make Indian products more attractive in the export market, it also will drive up the cost of imports in a country that already has an unfavorable balance of trade.
The Sudanese leader said that losing oil as a major source of revenue has led to a budget deficit and an unfavorable balance of trade which he said put the government in the dilemma of needing to raise new revenues without having to raise taxes.
53) to support his contention that this trade resulted in an unfavorable balance of payments for the Roman world.
And, since we run an unfavorable balance of trade with Japan, the U.
But immediately introduced an import surcharge when I became finance minister in September 1993 because of the unfavorable balance of payments.
UniGroup has agreed to provide National Interstate with comprehensive financial guarantees related to the runoff of Vanliner's balance sheet following the close, whereby both favorable and unfavorable balance sheet development inures to UniGroup.
The central bank has been implementing a set of measures comprised of a mix of monetary policies and exchange rate policies through reducing demand for hard currency to remedy the unfavorable balance of payments and control inflation.
has agreed to provide National Interstate with comprehensive financial guarantees related to the run-off of Vanliner's balance sheet following the close, whereby guaranteeing both favorable and unfavorable balance sheet development inures to UniGroup, Inc.