An unfavorable balance of trade occurs, whereupon the sky becomes dark
and a chill wind sweeps over the country.
When a country is exporting, in dollars and cents - less than it is importing, that country is running a trade deficit.
use the method of I/E which is imports over exports Imports is = an increase of 20% which is 100+20=120 Exports is = a decrease of 10% which is 100-10=90 120/90 = 4/3 -Jelani S.-
Terms of trade = Price of Exports / Price of Imports The prices of exports and imports are usually calculated with respect to a specified base year. From that it is possible to calculate changes in the mix and the value of the trade flows to arrive at prices for the period in question.
GB is a country, it imports what it needs.
The United States.
The difference between the value of a country's exports and the value of its imports. If the value of exports exceeds that of imports, a country is said to have a trade surplus, while the opposite case is called a trade deficit.
when the imports exceeds the imports then net exports are negative and positive is best for country.
the amount by which the value of a country's exports exceeds the cost of its imports.
If a country's export exceeds the import then the balance of trade is unfavorable.
When nation's value of imports exceeds the value of its exports, it can be said that the nation has a trade deficit.
imports from exports to Food Products $648,802,090 Tennessee $542,927,280 Other country/state Paper Products $650,649,948 Tennessee $496,002,193 Other country/state Rubber and Plastics $835,365,942 Tennessee $572,370,418 Other country/state
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
balance of payment is the difference between exports and imports so if Australia's exports trade balance exceeds its imports trade balance then it is positive
by subtracting a country's imports by the exports
exports: wine and machinery
India has a number of imports and exports. Some imports include crude petroleum, gold, and silver. Some exports include petroleum products, gems, as well as jewelry.
there imports=machinery, heavy equipment, conmsumer goods and food products. exports= oil and natural gases.