Terms of Trade

The rate at which one country’s goods are exchanged for those of other countries is referred to as the terms of trade. It is computed as a key.

Balance of Trade

Balance of trade refers to the difference between the value of exports and imports.

Balance of trade = Value of exports – Value of imports

(goods) (goods)

If the value of exports exceeds that of imports, the balance of trade is favourable. On the other hand, if the value of imports exceeds that of exports, the balance of trade is unfavourable.

Email based economics assignment help - homework help at TutorsGlobe

Are you searching economics tutor for help with Terms and Balance of Trade questions?  Terms and Balance of Trade topic is not easier to learn without external help?  We at www.tutorsglobe.com offer finest service of economics homework help and economics homework help. Live tutors are available for 24x7 hours helping students in their Terms and Balance of Trade related problems. We provide step by step Terms and Balance of Trade question's answers with 100% plagiarism free content. We prepare quality content and notes for Terms and Balance of Trade topic under economics theory and study material. These are avail for subscribed users and they can get advantages anytime.

Why TutorsGlobe for homework help

• Higher degree holder and experienced tutors network
• Punctuality and responsibility of work
• Quality solution with 100% plagiarism free answers
• Time on Delivery
• Privacy of information and details
• Excellence in solving accounting questions in excels and word format.
• Best tutoring assistance 24x7 hours