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Balance of trade can be measured in terms of commercial balance, or net exports. Balance of trade is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Balance of trade
Chapter 2: Invisible balance
Chapter 3: Keynesian economics
Chapter 4: Mercantilism
Chapter 5: Tariff
Chapter 6: Joseph Stiglitz
Chapter 7: Protectionism
Chapter 8: Global financial system
Chapter 9: Balance of payments
Chapter 10: Current account (balance of payments)
Chapter 11: Bretton Woods system
Chapter 12: Export-oriented industrialization
Chapter 13: Marshall-Lerner condition
Chapter 14: J curve
Chapter 15: Triffin dilemma
Chapter 16: Economic relations of Japan
Chapter 17: Trade policy of Japan
Chapter 18: Bancor
Chapter 19: Foreign trade of the United States
Chapter 20: United States balance of trade
Chapter 21: Sectoral balances
(II) Answering the public top questions about trade balance.
(III) Real world examples for the usage of trade balance in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of trade balance.
