AskSia

Plus

什么是merchandise trade balance

Sep 25, 2024

什么是merchandise trade balance

Answer

Definition of Merchandise Trade Balance: Merchandise trade balance refers to the difference between a country's exports and imports of physical goods. It is calculated as:

\text{Merchandise Trade Balance} = \text{Exports} - \text{Imports}

Positive and Negative Balance: A positive balance indicates a trade surplus (more exports than imports), while a negative balance indicates a trade deficit (more imports than exports)

Answer

Merchandise trade balance is the difference between a country's exports and imports of goods.

Key Concept

Merchandise trade balance is crucial for understanding a country's economic health and trade relationships.

Explanation

A positive balance indicates a surplus, while a negative balance indicates a deficit, impacting currency value and economic policy.