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In the News (Sun 11 Nov 18)

  
  Balance of trade - LoveToKnow 1911
The "balance of trade" was then identified with the sum of the precious metals which a country received in the course of its trading with other countries or with particular countries.
The phrase "balance of trade," then, appears to be an application of a trader's language in his own business to the larger affairs of nations or rather of the aggregate of individuals in a nation engaged in foreign trade.
The "balance of trade" and "the excess of imports over exports" are thus simply pitfalls for the amateur and the unwary.
www.1911encyclopedia.org /Balance_of_trade   (1761 words)

  
 Balance of trade: definition, impact on Canadians' lives, examples and links to additional information
The balance of trade is a statement of a country’s trade in goods (merchandise) and services.
The balance of trade is the difference between the value of the goods and services that a country exports and the value of the goods and services that it imports.
The term should not be confused with the balance of payments, which is a much broader statement of international monetary flows, including not only trade in goods and services, but also investment income flows and transfer payments.
canadianeconomy.gc.ca /english/economy/balance.html   (311 words)

  
  Balance of trade - Wikipedia, the free encyclopedia
Balance of trade figures, also called net exports (NX), are the sum of the money gained by a given economy by selling exports, minus the cost of buying imports.
A positive balance of trade is known as a trade surplus and consists of exporting more (in financial capital terms) than one imports.
A negative balance of trade is known as a trade deficit or, informally, as a trade gap, and consists of importing more than one exports.
en.wikipedia.org /wiki/Balance_of_trade   (1151 words)

  
 BALANCE OF TRADE - LoveToKnow Article on BALANCE OF TRADE   (Site not responding. Last check: 2007-10-30)
The balance of trade was then identified with the sum of the precious metals which a country received in the course of its trading with other countries or with particular countries.
Even if he has an increased cash balance, according to the modern system of business, this might be a balance at his bankers, and they in turn may have invested the amount so that there is no stock of the precious metals, of hard money, anywhere to represent it.
A prosperous foreign trade carried on by any country implies a continuous investment by that country either abroad or at home, and there may or may not be a balance receivable in actual gold and silver.
59.1911encyclopedia.org /B/BA/BALANCE_OF_TRADE.htm   (1696 words)

  
 Encyclopedia: Balance of trade   (Site not responding. Last check: 2007-10-30)
The trade deficit in the United States has resulted in or represents: A reserve currency, also called an anchor currency, is a currency which is held in significant quantities by other governments and institutions as part of their foreign exchange reserves.
The importance of a favorable balance of trade remained unchallenged until David Hume, Adam Smith, David Ricardo, and John Stuart Mill concerned themselves with theories on the adjustment of balance of trade.
Today the balance of trade is regarded as only one of several elements that make up the balance of payments of a nation; the U.S. Dept. of Commerce issues reports on the current status of the balance of trade in goods and services on a monthly basis.
www.nationmaster.com /encyclopedia/Balance-of-trade   (1767 words)

  
 Balance of payments - Wikipedia, the free encyclopedia
The balance of payments (or BOP) is a measure of the payments that flow into and out from a particular country from and to other countries.
A trade deficit (or surplus) arises when there is a deficit (or surplus) in the balance of trade.
Mercantilism was a theory that took special notice of the balance in payments and sought simply to monopolize gold, in part to keep it out of the hands of potential military opponents (a large "war chest" being a prerequisite to start a war, whereupon much trade would be embargoed).
en.wikipedia.org /wiki/Balance_of_payments   (746 words)

  
 Balance of trade   (Site not responding. Last check: 2007-10-30)
Balance of trade figures are the sum of the money gained by a given economy by selling export s, minus the cost of buying import s.
FTD - U.S. Trade with Togo From the U.S. Census Bureau International Trade Statistics, a spread sheet on the trade balance.
The Balance Disorders Institute of Los Angeles The Balance Disorders Institute of Los Angeles is a licensed Medicare rehabilitation facility that specializes in the treatment of balance disorders of vestibular, central and postural origins.
www.serebella.com /encyclopedia/article-Balance_of_trade.html   (1078 words)

  
 BALANCE OF TRADE - Online Information article about BALANCE OF TRADE   (Site not responding. Last check: 2007-10-30)
home trade and of thus altering the supposed disastrous trade balance is obviously the logical inference from the arguments.
(r) A " balance of trade " to the individual trader, from whose experience the phrase comes, is not necessarily, as is supposed, a balance received or receivable in the precious metals.
account showing a balance of trade, as similar transactions appear in an individual trader's account, but which are not treated as imports or exports in the statistical returns of a nation's foreign trade.
encyclopedia.jrank.org /BAI_BAR/BALANCE_OF_TRADE.html   (2785 words)

  
 balance of trade --  Britannica Concise Encyclopedia - The online encyclopedia you can trust!
The balance of trade is part of a larger economic unit, the balance of payments, which includes all economic transactions between residents of one country and those of other countries.
Under mercantilism a favourable balance of trade was an absolute necessity, but in classical economics it was more important for a nation to utilize its economic resources fully than to build a trade surplus.
The balance of trade is part of a larger economic unit, the balance of payments (the sum total of all economic transactions...
www.britannica.com /ebc/article?eu=381718&query=trade&ct=   (903 words)

  
 BTS | U.S. BALANCE OF TRADE IN GOODS AND SERVICES
Trade generates demand for transportation and transportation makes trade possible by making local markets accessible and linking demand and supply that are separated in space.
The balance of trade of a country is an aggregate measure of its industries’ comparative advantages at the industry level.
The positive balance of trade, exporting more than importing, shows that an industry is relatively competitive, while a negative balance of trade shows that an industry is at a relative disadvantaged position in terms of competitiveness.
www.bts.gov /publications/transportation_indicators/december_2002/Economy/html/US_Balance_of_Trade_in_Goods_and_Services.html   (321 words)

  
 Balance of trade   (Site not responding. Last check: 2007-10-30)
This may appear to be good thing but may not always be An example of an economy in which positive balance of payments is generally regarded a bad thing is Japan in the 1990s.
Furthermore protectionist measures that created the positive balance trade also caused the price of goods Japan to be much higher than they have been had imports been freely allowed.
Negative balances are not necessarily terrible news Paul Samuelson has argued that the consistent negative of trade that exists in the United is due to high confidence in the States' currency.
www.freeglossary.com /Trade_deficit   (820 words)

  
 BALANCE OF TRADE IN SAUDI ARABIA
The Kingdom maintained a favorable balance of trade for the period from 1980 to 1994.
During the Gulf Crisis, the Kingdom’s balance of trade recorded a surplus of SR76.2 billion (U.S.$20.3 billion) in 1990 and SR 70.1 billion (U.S.$18.7 billion) in 1991 (see Table 11).
However, the Kingdom’s balance of trade improved during 1994 and recorded a surplus of SR72,167.5 million (U.S. $19,244.7 million).
www.saudia-online.com /balance_of_trade.htm   (409 words)

  
 Bulgaria Tourist Information
The shrinking negative share of the foreign trade balance of goods and services is attributable to accelerated growth in exports and delayed growth in the imports of goods and service compared to growth in the same period of last year.
The shrinking negative contribution of foreign trade balance in the current account deficit is attributable to accelerated growth in exports and delayed growth in imports since mid 2006.
The deteriorated positive balance in services for the first eleven months of 2006 against the same period of 2005 (down from 3.4 per cent to 2.5 per cent of GDP) is mostly attributable to a deteriorated positive balance in the item Travels, down from 4.2 to 3.6 per cent of GDP.
bulgariantour.blogspot.com   (10589 words)

  
 Lalor, Cyclopaedia of Political Science, V.1, Entry 108, BALANCE OF TRADE: Library of Economics and Liberty
The truth is, however, that the theory of the balance of trade was not erroneous merely from the false notions which its advocates entertained with respect to money, but proceeded on radically mistaken views as to the nature of commerce.
In the second place, when a balance is due from one country to another, it is but seldom that it is paid by remitting bullion from the debtor to the creditor country.
If the theory of the balance were good for anything—if it had not been a mere idle delusion—it follows, as every country in the world has had its favorable balance, that they must have been paid by an annual importation of bullion from the mines corresponding to their aggregate amount.
www.econlib.org /library/YPDBooks/Lalor/llCy108.html   (2043 words)

  
 Balance of trade   (Site not responding. Last check: 2007-10-30)
Balance of trade figures are the sum of the money gained by a given economy by selling exports, minus the costof buying imports.
An example of an economy in which a positive balance of payments is generally regarded as a badthing is Japan in the 1990s.
PaulSamuelson has argued that the consistent negative balance of trade that exists in the United States is due to high confidencein the United States' currency.
www.therfcc.org /balance-of-trade-3627.html   (641 words)

  
 International Economics Glossary: B
A balanced budget change in policy or behavior is one in which a component of the government budget, usually taxes, is adjusted as necessary to maintain a balanced budget.
The assumption that the balance of trade must be zero in equilibrium, as would be the case with a floating exchange rate and no capital flows.
A trade dispute that began in 1989 when the EC banned imports of beef from cows that had been injected with growth hormones, arguing that the health effects of these hormones were suspect.
www-personal.umich.edu /~alandear/glossary/b.html   (2503 words)

  
 Balance Of Trade Offspring Dominates
With Paul Lanigan at the helm, the son of Balance Of Trade beat New Annan Echo by seven lengths in 2:06.3.
The Balance Of Trade filly went wire to wire to beat Mary C Ridge and Last Trade in 2:10.
Balance Of Trade daughter Mystery Balance won the other $3,750 division for three-year-olds, beating Zacks Bunny and Michaluna in 2:06.4.
www.standardbredcanada.ca /news/iss1003/balanceoftrade1026.html   (187 words)

  
 Understanding the US-China Balance of Trade
The US trade deficit with China often assumes center stage in discussions of the US-China commercial relationship, but the deficit is neither the most important barometer of US economic health nor the best measure of the benefits the US gains from trade.
Entrepot trade through Hong Kong USDOC statistics, commonly used in the United States to measure bilateral merchandise trade, overstate the 2000 US bilateral trade deficit with China by roughly 22 percent because of the way entrepot trade through Hong Kong is calculated.
Merchandise trade The bilateral deficit falls further when trade in services is counted because the United States has enjoyed a small but growing surplus in trade in services with China for much of the past decade.
www.uschina.org /statistics/balanceotrade.html   (917 words)

  
 balance of trade on Encyclopedia.com   (Site not responding. Last check: 2007-10-30)
BALANCE OF TRADE [balance of trade] relation between the merchandise exports and imports of a country.
A better trade balance won't work miracles; slowing imports and rising exports have already started to strengthen the economy.
The Dome is a structure in perfect balance, with huge forces pulling against each other, the tension in the cables equivalent to the force of twenty jumbo jets at f (LON41286)
www.encyclopedia.com /html/b1/balancT1ra.asp   (922 words)

  
 Balance of Trade - BOT
A country has a trade deficit if it imports more than it exports, and the opposite scenario is a trade surplus.
The balance of trade is one of the most misunderstood indicators of the U.S. economy.
Thus, a trade deficit is not a good thing during a recession but may help during an expansion.
baystreet.investopedia.com /terms/b/bot.asp   (250 words)

  
 balance of trade — FactMonster.com
balance of trade, relation between the merchandise exports and imports of a country.
concerned themselves with theories on the adjustment of balance of trade.
balance of payments - balance of payments balance of payments, balance between all payments out of a country within a...
www.factmonster.com /ce6/bus/A0805851.html   (327 words)

  
 Learning Resources: Government Trade Policy and Canada's Balance of Trade
Students will examine the changes in import and export patterns in Canadian trade in the 1990s and consider the extent of the impact of this government economic policy.
Balance of trade — The difference between the value of the goods and services that a country exports and the value of the goods and services that it imports.
Using the introduction of the chapter on The Economy as a background resource, explain to the students the national policy that was the basis of Canadian government economic policy throughout much of the 20th century.
www.statcan.ca /english/kits/econo9.htm   (543 words)

  
 Webquest on Balance of Trade
If it was not for trade, we would not have many of the goods that we use in or daily lives.
With a partner, you will collect data on exchange rates and balance of trade in regards to China, Canada, Mexico, Germany, Japan and South Korea for the past 10 years.
Balance of Trade - The U.S. Census Bureau
www.geocities.com /tryciecky/tradewebquest   (308 words)

  
 [No title]   (Site not responding. Last check: 2007-10-30)
Of the Balance of Trade by David Hume It is very usual, in nations ignorant of the nature of commerce, to prohibit the exportation of commodities, and to preserve among themselves whatever they think valuable and useful.
These errors, one may say, are gross and palpable: But there still prevails, even in nations well acquainted with commerce, a strong jealousy with regard to the balance of trade, and a fear, that all their gold and silver may be leaving them.
It must, however, be confessed, that, as all these questions of trade and money are extremely complicated, there are certain lights, in which this subject may be placed, so as to represent the advantages of paper-credit and banks to be superior to their disadvantages.
socserv2.socsci.mcmaster.ca /~econ/ugcm/3ll3/hume/trade.txt   (4333 words)

  
 balance of trade - Hutchinson encyclopedia article about balance of trade   (Site not responding. Last check: 2007-10-30)
The balance of trade transactions of a country recorded in its current account; it forms one component of the country's balance of payments.
And that unconsumed surplus, sold abroad, becomes what we call our favorable balance of trade.
This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.
encyclopedia.farlex.com /balance+of+trade   (118 words)

  
 Balance of trade   (Site not responding. Last check: 2007-10-30)
The balance of trade is a statement of a country’s trade in goods (merchandise) and services.
Of the Balance of Trade by David Hume It is very usual, in nations...
Of the Balance of Trade by David Hume It is very usual, in nations ignorant of the nature of commerce, to prohibit the exportation of commodities, and to preserve among
www.logicjungle.com /wiki/Balance_of_trade   (439 words)

  
 Trade Balance - Switzerland
A positive Trade Balance indicates a trade surplus, and a negative balance represents a trade deficit.
Trade surpluses indicate that foreigners are buying Swiss goods, which are typically paid for in Swiss Francs.
Conversely, during a trade deficit, Swiss consumers have a higher demand for foreign currencies and this places downward pressure on the value of the Franc.
fxwords.com /t/trade-balance-switzerland-.html   (194 words)

  
 Cotton tipping the balance of trade - JAMAICAOBSERVER.COM
On April 26, 2004, a World Trade Organisation (WTO) Panel ruled that subsidised US cotton exports are illegal and violated WTO trade rules.
It was part of the larger debate about the need to dismantle the colossal agricultural subsidies in developed countries that distorts the market and blocks market access and opportunities for growth by developing countries.
In his Congressional Testimony last month, Robert Zoellick, US trade representative, emphasised the need to substantially decrease and harmonise trade-distorting domestic support and to eliminate agricultural export subsidies by a certain date.
www.jamaicaobserver.com /columns/html/20040523T200000-0500_60228_OBS_COTTON_TIPPING_THE_BALANCE_OF_TRADE.asp   (930 words)

  
 Balance Of Trade HC (Golden Duck Awards. Hal Clement Award for Young Adults (Awards))   (Site not responding. Last check: 2007-10-30)
While not set in the same time frame as the majority of Lee and Miller's Liaden works, Balance of Trade gives some nice insights into the Liaden culture from the perspective of a Terran working his way into being an insider.
None of the revelations of the trade culture (or characters, for that matter) are 'stellar,' yet they seem to weave together nicely.
Balance of Trade is my first experience with the Liaden universe.
www.teen-bookstore.com /item/Balance-Of-Trade-Liaden-Universe-1592220193.html   (457 words)

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