- published: 21 Aug 2013
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The balance of trade is the difference between a country's imports and exports. A trade deficit occurs when a country buys or imports more goods from other countries than it sells or exports. A trade surplus occurs when a country sells more than it buys from foreign markets. Filed Under » Macroeconomics
This video is about balance of trade and balance of payment, how it affects a country’s economy. Current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports. The export import department of any nation are the main components of international trade. Trade balance economics is essential to understand in order to answer the question " what is balance of trade". --- click here to read the article version https://goo.gl/CUYdSs --- Click here if you want to subscribe https://www.youtube.com/user/TheRealSengupta
What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, S...
What is BALANCE OF TRADE? What does BALANCE OF TRADE mean? BALANCE OF TRADE meaning - BALANCE OF TRADE definition - BALANCE OF TRADE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The commercial balance or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain period. If a country exports a greater value than it imports, it is called a trade surplus, positive balance, or a "favourable balance", and conversely, if a country imports a greater value than it exports, it is called a trade deficit, negative balance, "unfavorable balance", or, informally, a "trade gap". Sometimes a distinction is made between a balance of trade for goods vs one f...
The concept of trade balance, current account and balance of payment has been explained with example.
Understanding the United States Current Account in 2011 Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/balance-of-payments-capital-account?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/income-and-expenditure-topic/is-lm-model-tutorial/v/government-spending-and-the-is-lm-model?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study a...
In this video I explain the Balance of Payments with the current and capital (financial) account. Keep in mind that when a country has a deficit in one account they must have a surplus in the other account. Thanks for watching. Please subscribe. To learn about misconceptions about the minimum wage, click here https://www.youtube.com/watch?v=4GIdROzO94M To learn more economics, click here https://www.youtube.com/watch?v=HQkVO2PsxFw Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Check out my Review Apps for Macro and Micro https://itunes.apple.com/us/app/ap-macroeconomics-review/id634270093?mt=8 Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twi...
Trade balance is the difference between a country's imports and its exports. It is a significant figure of the country Balance of Payments and its headline figure is characterized in billions of dollars. When a surplus occurs it is usually detected by a positive Trade Balance in which exports exceed imports. Although it is a rather influential measurement, the Trade Balance's lack of promptness in its release is a contributing factor in diminishing this measurement's impact in the market.
Murray N. Rothbard presented this speech at the Michigan Libertarian Party Convention, held in Southfield, Michigan, in May 1989. This is an excerpt where he responds to a question about protectionism and the trade deficit. He discusses the difference between that and the budget deficit.
This animation introduces the learner to differences between balance of trade and current account balance. This is a product of Mexus Education Pvt. Ltd., an education innovations company based in Mumbai, India. http://www.mexuseducation.com, http://www.ikenstore.in
Explains bilateral and multilateral trade balance, trade deficits and trade surpluses.
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Balance Of Payment” The balance of payments, also known as balance of international payments, encompasses all transactions between a country's residents and its nonresidents involving goods, services and income; financial claims on and liabilities to the rest of the world; and transfers such as gifts. The BOP is divided into three main categories: the current account, the capital account and the financial account. Within these three categories are sub-divisions, each of which accounts for a different type of international monetary transaction. The current account is used to mark the inflow and outflow of goods and services into a country. Earnings on investments, both public a...
Video shows what balance of trade means. The difference between the monetary value of exports and imports in an economy over a certain period of time.. balance of trade synonyms: trade balance. Balance of trade Meaning. How to pronounce, definition audio dictionary. How to say balance of trade. Powered by MaryTTS, Wiktionary
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Differences between import and export and what is a balance of trade. Which one is more important export or import? Two stories by Frederic Bastiat. Bastiat essay about balance of trade- http://www.econlib.org/library/Bastiat/basEss13.html Follow me on Social Media! Minds: https://www.minds.com/meatforthought Facebook: https://www.facebook.com/meatforthought/ Subscribe on YouTube: https://www.youtube.com/channel/UCjatVCUdoyONNeEz3Vhjw7g?sub_confirmation=1 Music: Basic Implosion Kevin MacLeod (incompetech.com) Licensed under Creative Commons: By Attribution 3.0 License http://creativecommons.org/licenses/by/3.0/