0 a country's balance of trade
1 → balance of trade
The consumption and capital goods adjustments deteriorate the trade balance by raising absorption and lowering real income.
The trade balance, which was in surplus during 1954-56, turned into a deficit in 1957 and continued to be in deficit in subsequent years.
In every year from 1980 to 1985 there was a large positive trade balance.
The contraction of exports and the restriction on the trade balance, however, imply that total imports are also reduced.
The trade balance is fixed at baseline levels.
The negative correlation with the trade balance variable indicates grant aid is going to lesser-developed sources of materials and goods.
As only commodities are traded, this capital-labor ratio must satisfy a trade balance condition at each date.
Nationalist leaders and technical experts looked on the flow of watercourses as a pure waste of resources that could be better used to improve the trade balance.
