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  2. Balance of trade - Wikipedia

    en.wikipedia.org/wiki/Balance_of_trade

    Balance of trade is the difference between the monetary value of a nation's exports and imports over a certain time period. [1] Sometimes a distinction is made between a balance of trade for goods versus one for services. The balance of trade measures a flow variable of exports and imports over a given period of time. The notion of the balance ...

  3. J curve - Wikipedia

    en.wikipedia.org/wiki/J_curve

    The balance of trade improves over time as consumers react, returning to balance at month 3 and rising to a surplus of 150 million at month 4. In economics, the "J curve" is the time path of a country’s trade balance following a devaluation or depreciation of its currency, under a certain set of

  4. Foreign trade of the United States - Wikipedia

    en.wikipedia.org/wiki/Foreign_trade_of_the...

    The balance of trade in the United States has been a concern among economists and business people. Warren Buffett , founder of Berkshire Hathaway , was quoted in the Associated Press (January 20, 2006) as saying "The U.S. trade deficit is a bigger threat to the domestic economy than either the federal budget deficit or consumer debt and could ...

  5. Trade diversion - Wikipedia

    en.wikipedia.org/wiki/Trade_diversion

    Opposite to economically efficient trade creation effect, the trade diversion flow is cost-inefficient compared with the rest of the world. Balance between trade creation and trade diversion effects due to the creation of economic union makes the union either economically efficient (positive balance) or inefficient (negative balance).

  6. International trade - Wikipedia

    en.wikipedia.org/wiki/International_trade

    The trade-offs between local food production and distant food production are controversial, with limited studies comparing environmental impact and scientists cautioning that regionally specific environmental impacts should be considered. [15]

  7. Trade and development - Wikipedia

    en.wikipedia.org/wiki/Trade_and_development

    The United Nations Conference on Trade and Development (UNCTAD) notes that this means that “even small changes in agricultural employment opportunities, or prices, can have major socio-economic effects in developing countries”. Thus whatever the development strategy a particular country adopts, the role of agriculture will often be crucial.

  8. Balanced trade - Wikipedia

    en.wikipedia.org/wiki/Balanced_trade

    Balanced trade is an alternative economic model to free trade. Under balanced trade, nations are required to provide a fairly even reciprocal trade pattern; they cannot run large trade deficits or trade surpluses. The concept of balanced trade arises from an essay by Michael McKeever Sr. of the McKeever Institute of Economic Policy Analysis.

  9. United States balance of trade - Wikipedia

    en.wikipedia.org/wiki/United_States_balance_of_trade

    U.S. Trade Balance (1895–2015) and Trade Policies. The 1920s marked a decade of economic growth in the United States following a classical supply side policy. [1] U.S. President Warren Harding signed the Emergency Tariff of 1921 and the Fordney–McCumber Tariff of 1922. Harding's policies reduced taxes and protected U.S. business and ...