Tag: Balance of payments
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Invisible Trade Balance
Hierarchical Display of Invisible trade balance European Union > European construction > EU relations > Balance of payments Invisible trade balance Concept of Invisible trade balance See the dictionary definition of Invisible trade balance. Characteristics of Invisible trade balance [rtbs […]
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Trade Balance
J-Curve and International Trade Economy In relation to international trade economy, Christopher Mark (1993) provided the following definition of J-Curve: The expected adjustment path in a country's trade balance following a currency depreciation or devaluation. Because a change in the […]
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National Accounts
National Accounts (in the Human Development Area) In this context, National Accounts means: is a system table in the form of accounts, which characterize the process of production, distribution and end use of the gross domestic product (GDP), as a rule, for the year. System of National […]
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National Accounts
National Accounts (in the Human Development Area) In this context, National Accounts means: is a system table in the form of accounts, which characterize the process of production, distribution and end use of the gross domestic product (GDP), as a rule, for the year. System of National […]
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Supply and Demand
Hierarchical Display of Supply and demand Trade > TradeTrade > Trade policy > MarketEconomics > Economic structure > Economic system > Market economyEconomics > Economic analysis > Economic analysisFinance > Prices > Prices policy > Price formationFinance > Monetary […]
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Exchange Rate
Exchange Rate in International Trade Meaning of Exchange Rate, according to the Dictionary of International Trade (Global Negotiator): The price of one currency expressed in terms of another, i.e., the number of units of one currency that may be exchanged for one unit of another currency. […]
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Terms of Trade
Summary of Terms of Trade An export-import price ratio derived by dividing indices of export prices by indices of import prices. For example, when export indices are 105 percent of a base period, and import indices are 98 percent of the same base period, then the terms of trade […]
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Trading Operation
Hierarchical Display of Trading operation Trade > TradeTrade > International trade > International trade > International division of labour > Complementarity of tradeTrade > Trade policy > Trade policy > Trade promotionTrade > International trade > International trade > […]