What is Trade Balance

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.