0 a country's balance of trade --
1 → balance of trade --
In other words, a favourable trade balance of 600 million is set up out of which we have received 120 million in gold.
The trade balance reflects a variety of factors and it is difficult to isolate the effects of the exchange rate.
They revised the invisible trade balance six years after the event by £466 million.
That makes these countries extremely dependent on imports and exports and results in a trade balance very unfavourable to them.
This year there is a deficit again in its foreign trade balance.
The village trade balance equation (19) states that total sales to markets outside the village equal total purchases from those markets.
Consequently, the open-economy model includes a trade balance equation and a new definition of total domestic consumption, c: px(t) c(t) m(t) m(t).
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.
