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balance of trade SOST handel

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ad·verse bal·ance of ˈtrade SOST COMM

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The foremost part deals with the balance of trade and services.
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The mercantilists were believers in nations keeping a positive balance of trade at all times in order to prosper, economically.
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Measuring the balance of trade can be problematic because of problems with recording and collecting data.
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This is in contrast to earlier schools, in particular mercantilism, which often focused on the ruler's wealth, accumulation of gold, or the balance of trade.
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The transition to a peacetime economy, and the maintaining of strategic military commitments abroad led to continuous and severe problems with the balance of trade.
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In other words a positive balance of trade ought to be maintained via a surplus of exports, often backed by military might.
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It includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods.
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Furthermore, he suggested that a favourable balance of trade can be maintained by offering a better product and retaining qualitative competitiveness.
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The latter represents a favorable balance of trade, meaning a country exports more than it imports.
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Other means had also to be found to help the disastrously undermined balance of trade and the mounting national debt.
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