Question

what is balance of trade​

Answer 1

Answer:

balance of trade

noun

the difference in value between the amount that a country buys from other countries (imports) and the amount that it sells to them (exports)

अन्य देशों के आयात में व्‍यय मूल्‍य और उनको निर्यात से प्राप्‍त मूल्‍य का अंतर; व्‍यापार-शेष

Explanation:

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Answer 2

The balance of trade, 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 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 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.If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus. The notion that bilateral trade deficits are bad in and of themselves is overwhelmingly rejected by trade experts and economists.