Favorable trade balance


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Favorable trade balance

Condition that total exports of a nation exceed total imports, creating a net export.

Trade Surplus

The difference between the value of a country's exports and the value of its imports, where the value of exports is greater. Analysts disagree on the impact, if any, of a trade surplus on the economy. Some economists believe that a trade surplus creates employment and increases GDP growth. Others believe that the balance of trade has little impact. A trade surplus is also called a favorable balance of trade. See also: Trade deficit.
References in periodicals archive ?
China has made several public announcements and policy statements at several occasions, reiterating its intensions to take measures for reducing the current massive favorable trade balances she enjoys in trading with the South Asian countries.
Mexico currently enjoys a favorable trade balance with the three Central American nations.
Trade patterns are also influenced by subsidiary size, with only the largest subsidiaries associated with global trade patterns, and the largest subsidiaries contributing most heavily to favorable trade balance effects.
Hypothesis 5: Subsidiary size will tend to be positively correlated with a favorable trade balance.
This tends to support Hypothesis 5, but indicates that size may only contribute in a consistent way to a favorable trade balance effect when subsidiaries are very large.
An example is the widely held view that a favorable trade balance is desirable in its own right.
It was assumed the dollar would replace the pound in international trade and that the favorable trade balance given to the U.
Although President Bush now says that he will renew the status, the ardor of some in his Administration had cooled as a consequence of China's huge favorable trade balance with the United States, its disregard for American patents and copyrights and the revelation of its exploitation of prison labor to produce large quantities of textiles and electronic goods for export to the United States, Germany, Japan and other countries.
NCR also posted the most favorable trade balance as outflows of goods produced within Metro Manila outpaced inflows from the provinces by P15.
Other regions with favorable trade balances amounting to a billion pesos or more were: Central Luzon, PHP13.