What does trade surplus mean?
Definitions for trade surplus
trade sur·plus
This dictionary definitions page includes all the possible meanings, example usage and translations of the word trade surplus.
Wiktionary
trade surplusnoun
A positive balance of trade.
Wikipedia
trade surplus
The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow of exports and imports over a given period of time. The notion of the balance of trade does not mean that exports and imports are "in balance" with each other. If a country exports a greater value than it imports, it has a trade surplus or positive trade balance, and conversely, if a country imports a greater value than it exports, it has a trade deficit or negative trade balance. As of 2016, about 60 out of 200 countries have a trade surplus. The notion that bilateral trade deficits are bad in and of themselves is overwhelmingly rejected by trade experts and economists.
Numerology
Chaldean Numerology
The numerical value of trade surplus in Chaldean Numerology is: 2
Pythagorean Numerology
The numerical value of trade surplus in Pythagorean Numerology is: 3
Examples of trade surplus in a Sentence
This is dumb. Europe, Canada, and Mexico are not China, and you don't treat allies the same way you treat opponents. We've been down this road before -- blanket protectionism is a big part of why America had a Great Depression. ' Make America Great Again' shouldn't mean' Make America 1929 Again,' bad news that @POTUS has decided to impose taxes on American consumers buying steel and aluminum from our closest allies -- Canada, the EU, and Mexico( with whom we run a trade surplus on steel). In addition to higher prices, these tariffs invite retaliation.
We have a $10 billion trade surplus with the U.S., one of the U.S. exports to Indonesia with the best prospects, in my view, is Hollywood movies and American entertainment content.
If there is a set-back in trade talks, both external demand and domestic demand could be hit. If the U.S. and China reach a trade deal, China will have to step up imports form the U.S., which will reduce its trade surplus, which will reduce net exports' contribution to GDP growth.
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"trade surplus." Definitions.net. STANDS4 LLC, 2024. Web. 1 Jun 2024. <https://www.definitions.net/definition/trade+surplus>.
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