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Trade Balance

Trade Associations
Computers
From Cyprus
To France
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Imad K.
Jul 22, 2020
What is trade balance?

1 answer

Reyansh G.
Jul 22, 2020

Trade balance is a country’s exports minus its imports. Consequently, a country’s trade balance is positive if the value of its exports exceeds the value of its imports. Similarly, a country’s trade balance is negative if the value of its imports exceeds the value of its exports. A positive trade balance is referred to as a trade surplus. A negative trade balance is referred to as a trade deficit.

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