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Balance of trade is an entry in the current account of the balance of international payments. Balance of trade recorded the changes in exports and imports of a country in a given period (quarter or year) as well as the difference (exports minus imports) between them. When the difference is greater than zero, then the balance of trade surpluses. Conversely when the difference is less than 0, then the balance of trade has even missed. When the correct difference is zero, the balance of trade is in a State of balance.Balance of trade is also known as net exports or trade surplus. When the balance of trade surpluses, net exports/trade surplus bring positive values. When the balance of trade deficit of net exports, even with/trade surplus negative. At this time also called the trade deficit even.
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