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Trade balance is an economic indicator that measures the difference between a country's exports and imports of goods and services. A positive trade balance occurs when a country's exports exceed its imports, while a negative trade balance occurs when a country's imports exceed its exports.
Trade balance is an essential indicator for businesses, investors, and policymakers as it provides valuable insights into a country's international trade position. A positive trade balance is typically viewed as a sign of economic strength as it indicates that a country is exporting more than it is importing, leading to an increase in foreign exchange reserves and potentially stimulating economic growth. On the other hand, a negative trade balance may indicate a country's dependence on imports, potentially leading to a depletion of foreign exchange reserves and a decrease in economic growth. Additionally, changes in trade balance can also indicate changes in global economic conditions, such as shifts in exchange rates or changes in trade policies.
ADP Employment Change NEXT:1-Jun-2023 |
Average Hourly Earnings NEXT:2-Jun-2023 |
Average Weekly Hours NEXT:2-Jun-2023 |
Budget Balance NEXT:12-Jun-2023 |
Building Permits NEXT:20-Jun-2023 |
Business Inventories / Sales Ratio NEXT:15-Jun-2023 |
Business Inventories m/m NEXT:15-Jun-2023 |
Business Inventories y/y NEXT:15-Jun-2023 |
Business Sales m/m NEXT:15-Jun-2023 |
Business Sales y/y NEXT:15-Jun-2023 |
Capacity Utilization Rate m/m NEXT:15-Jun-2023 |
Capital Account Balance NEXT:22-Jun-2023 |
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