Question

Dicuss the positive and negative balance of trade.​

Answer 1

Balance of trade (BOT) is the difference between the value of a country's exports and the value of a country's imports for a given period.

A country's trade balance is positive (meaning that it registers a surplus) if the value of exports exceeds the value of imports. Conversely, a country's trade balance is negative, or registers a deficit, if the value of imports exceeds that of exports.

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Answer 2

Answer:

A country's trade balance is positive (meaning that it registers a surplus) if the value of exports exceeds the value of imports. Conversely, a country's trade balance is negative, or registers a deficit, if the value of imports exceeds that of exports.

Explanation:

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