What does visible balance mean?
Definitions for visible balance
vis·i·ble bal·ance
This dictionary definitions page includes all the possible meanings, example usage and translations of the word visible balance.
Princeton's WordNet
balance of trade, trade balance, visible balance, trade gapnoun
the difference in value over a period of time of a country's imports and exports of merchandise
"a nation's balance of trade is favorable when its exports exceed its imports"
ChatGPT
visible balance
Visible balance, also known as the balance of trade or merchandise balance, refers to the difference in value between a country's exports and imports of physical goods. If a country exports more goods than it imports, it has a positive or favorable visible balance, often referred to as a trade surplus. Conversely, if a country imports more than it exports, it has a negative or unfavorable visible balance, referred to as a trade deficit. Visible balance does not include services and other non-tangible items, which are part of the invisible balance.
Wikidata
Visible balance
The visible balance is that part of the balance of trade figures that refers to international trade in physical goods, but not trade in services; it thus contrasts with the invisible balance. Most countries do not have a zero visible balance: they usually run a surplus or a deficit. This will be offset by trade in services, other income transfers, investments and monetary flows, leading to an overall balance of payments. The visible balance is affected by changes in the volumes of imports and exports, and also by changes in the terms of trade. In aggregate, the World often appears to have a negative visible balance with itself; i.e. imports of goods appear to exceed exports. There are numerous causes for this, such as measuring imports on a cost, insurance and freight basis while measuring exports on a free on board basis, or statistical errors occurring when imports are more closely recorded than exports.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of visible balance in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of visible balance in Pythagorean Numerology is: 8
Translations for visible balance
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"visible balance." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/visible+balance>.
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