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unfavorable balance of tradeAn excess of imports over exports, so that the balance of trade is negative. This view, that a negative trade balance is bad for the country, harks back to mercantilist views, and ignores that the cou [..]
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unfavorable balance of tradeThe value of a nation's imports in excess of the value of its exports.
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unfavorable balance of tradeAn imbalance in a nation's balance of trade in which the payments for merchandise imports made by the country exceed payments for merchandise exports received by the country. This is also termed [..]
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unfavorable balance of tradeAn imbalance in a nation's balance of trade in which the payments for merchandise imports made by the country exceed payments for merchandise exports received by the country. This is also termed [..]
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unfavorable balance of tradeThe value of a nation's imports in excess of the value of its exports.
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