Jan 13, 2020 07:49
4 yrs ago
Chinese term
出超
Chinese to English
Social Sciences
Accounting
accounting
出超?
Proposed translations
(English)
4 +1 | Trade surplus | Mohammad Rostami |
Change log
Jan 13, 2020 07:49: changed "Kudoz queue" from "In queue" to "Public"
Proposed translations
+1
12 mins
Selected
Trade surplus
A trade surplus is an economic measure of a positive balance of trade, where a country's exports exceed its imports. Trade Balance = Total Value of Exports - Total Value of Imports.
A current account surplus means an economy is exporting a greater value of goods and services than it is importing. A country with a current account surplus will have a deficit on the financial/capital account. i.e. a country with a current account surplus will have surplus foreign exchange it can use to invest in other countries.
Example sentence:
A current account surplus indicates that the value of a country's net foreign assets (i.e. assets less liabilities) grew over the period in question, and a current account deficit indicates that it shrank. Both government and private payments are included
http://en.m.wikipedia.org/wiki/Current_account
4 KudoZ points awarded for this answer.
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