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April 30, 2020
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April 30, 2020

Trade Balance

Published by TradersColo at April 30, 2020
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    The trade balance is a measure of the difference between a country’s imports and exports for a given period. The trade balance will be positive if exports are more than imports, which results in a trade surplus, while the trade balance will be negative if exports are less than exports, which results in a trade deficit. Economists use the trade balance to estimate the relative strength of a country’s economy.

    This report is published around the third week of every month and details the performance of several exported goods and services in various sectors of the economy.

    Related Articles:
    • Glossary: Euro-Zone Trade Balance
    • Glossary: German Trade Balance
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