African Studies Thesaurus

balance of trade       Search catalogue 294900098

STA
Approved

UPD
2012-03-23

DUT
handelsbalans

DAT
Added 2006. For publications indexed before 2006, see terms of trade.

IND
1

MIS
A net figure calculated by subtracting a country's imports from its exports during a specific period. If a country sells more goods and services than it purchases, its balance of trade is said to be positive, that is, exports exceed imports. Such a balance is generally considered to be favorable. Conversely, a negative balance is said to be unfavorable. A country's balance-of-trade position has great impact on its economic activity and on the profits of companies operating within it. (balance of trade. Wall Street Words (1998). Retrieved 30 July 2003, from www.xreferplus.com/entry/587214)

PPN
294900098

UDC
382.16x

SN
The difference in value between a country's imports and exports of goods/services over a given period. One of the major components of the balance of payments.

MRF
339.5.053

BT1
balance of payments

UF
trade balance
visible balance

RT
exports
imports
international trade
terms of trade

BSO
15.02 INTERNATIONAL TRADE

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