Balance of trade
Difference between the monetary value of exports and imports
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📌 Topics
- Trade Policy (2)
- Economics (1)
- Fiscal Revenue (1)
- Economy (1)
- Politics (1)
🏷️ Keywords
Tariffs (2) · U.S. Treasury (1) · Customs duties (1) · Trade deficit (1) · Import revenue (1) · Supply chain (1) · China trade war (1) · Trump (1) · Trade Deficit (1) · Manufacturing (1) · Protectionism (1) · Economic Policy (1) · Imports (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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🔗 Entity Intersection Graph
People and organizations frequently mentioned alongside Balance of trade:
- 🌐 Tariff (2 shared articles)
- 👤 Donald Trump (1 shared articles)
- 🌐 Protectionism (1 shared articles)
- 🌐 Manufacturing (1 shared articles)
- 🌐 Supply chain (1 shared articles)