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Balance of trade

Difference between the monetary value of exports and imports

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  • Trade Policy (2)
  • Legal Challenges (2)
  • Economic Recovery (2)
  • International Trade (2)
  • Economic Impact (1)
  • Presidential Power (1)
  • Japan-China Relations (1)
  • Asia Markets (1)

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Trump tariffs (2) · Trade deficit (2) · Japan exports (2) · Trade surplus (2) · Section 122 (1) · Trade Act 1974 (1) · Legal challenges (1) · Balance of payments (1) · Business uncertainty (1) · Tariff expiration (1) · Supreme Court (1) · IEEPA (1) · National emergency (1) · Tariff refunds (1) · Constitutional powers (1) · Trade policy (1) · China trade (1) · Economic growth (1) · January 2024 (1) · Three-year high (1)

📖 Key Information

Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period. Sometimes, trade in services is also included in the balance of trade but the official IMF definition only considers goods. The balance of trade measures a flow variable of exports and imports over a given period of time.

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Economic growth(2)Tariffs in the Trump administration(2)Economic recovery(1)Electronic component(1)Automotive industry(1)Economy of Japan(1)Electronics(1)Supreme court(1)State of emergency(1)International Emergency Economic Powers Act(1)Balance of trade

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