Difference between revisions of "Trade balance"

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(Created page with "Trade balance is the gap between exports and imports. ==Definitions== According to Principles of Economics by Timothy Taylor (3rd edition), :Trade balance. Gap be...")
 
 
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According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
According to [[Principles of Economics by Timothy Taylor (3rd edition)]],
 
:[[Trade balance]]. Gap between [[exports]] and [[imports]].
 
:[[Trade balance]]. Gap between [[exports]] and [[imports]].
 +
According to [[Macroeconomics by Mankiw (7th edition)]],
 +
:[[Trade balance]]. The receipts from exports minus the payments for imports.
  
 
[[Category: Economics]][[Category: Articles]]
 
[[Category: Economics]][[Category: Articles]]

Latest revision as of 19:36, 2 July 2020

Trade balance is the gap between exports and imports.

Definitions

According to Principles of Economics by Timothy Taylor (3rd edition),

Trade balance. Gap between exports and imports.

According to Macroeconomics by Mankiw (7th edition),

Trade balance. The receipts from exports minus the payments for imports.