Balance of trade
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. They form part of the balance of payments, which also includes other transactions such as the international investment position.
See also
~ Table of Content ~
| ► | Introduction |
| ► | Economic Impact of Balance of Trade |
| ► | Popular myths of trade deficits |
| ► | Debate about the American trade deficit |
| ► | Physical trade balance |
| ► | See also |
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