Balance of Trade - Import Export | Foreign exchange and trade | Macroeconomics

This video is about balance of trade and balance of payment, how it affects a country’s economy. Current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports.

The export import department of any nation are the main components of international trade. Trade balance economics is essential to understand in order to answer the question " what is balance of trade".

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[AkbaraliCharankav]

Expected the usage of words trade surplus and trade deficit

[nehaparmar]

Sir bot is just about goods and not services

[choudhary]

where can we find out..what items do we import and export.. how often do we export, import.. and historical data of balance of trade

[snehabidhuri]

plzzzz can u post video on how to learn or remember countries of the world easily

[__sankarapandian_]

If it is positive it improves the revenue of that country 🙏

[khalidali]

It is important to differentiate balance of trade and current account

[suraj_Suraj]

Balance of Trade only considers *Goods* and *not services* that's what I have read in book....Any comment???

[kavitavarma]

hiiii.. sir can u make some video on purchasing power parity

[kanhayadav]

Sir plzzz hindi explaination video bnao

[apostolos.zezos.official]

@Amit, you are a myth. This video made a billionaire, Thanks.

[jasonmason]

Why can't all Indians have your accent? I