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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 per se ...
In many cases, the surplus created by the two players can be shared in many ways, forcing the players to negotiate which division of payoffs to choose. Such surplus-sharing problems (also called bargaining problem ) are faced by management and labor in the division of a firm's profit, by trade partners in the specification of the terms of trade ...
The current account is an important indicator of an economy's external sector. It is defined as the sum of the balance of trade (goods and services exports minus imports), net income from abroad, and net current transfers. A positive current account balance indicates the nation is a net lender to the rest of the world, while a negative current ...
By economic surplus is meant all production which is not essential for the continuance of existence. That is to say, all production about which there is a choice as to whether or not it is produced. The economic surplus begins when an economy is first able to produce more than it needs to survive, a surplus to its essentials.
This is another reason why surplus-value produced and surplus-value realised are two different things, although this point is largely ignored in the economics literature. But it becomes highly important when the real growth of production stagnates, and a growing portion of capital shifts out of the sphere of production in search of surplus ...
A foreign sector deficit balance would mean foreign residents are net spenders and are borrowing from the U.S. private sector, which would be consistent with a U.S. current account or trade surplus; this was not the 2018 situation. The current account includes the trade balance plus payments for investment income (dividends and interest).
Supply chain surplus is the value addition by supply chain function of an organisation. It is calculated by the following formula: It is calculated by the following formula: Supply chain surplus = Revenue generated from a customer - Total cost incurred to produce and deliver the product .
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