trade surplus
(noun)
A positive balance of trade.
Examples of trade surplus in the following topics:
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Absolute Advantage and the Balance of Trade
- Absolute advantage and balance of trade are two important aspects of international trade that affect countries and organizations.
- Absolute advantage and balance of trade are two important aspects of international trade that affect countries and organizations .
- A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit or, informally, a trade gap.
- The balance of trade is sometimes divided into a goods and a services balance.
- The European Free Trade Agreement has helped countries international trade without worrying about absolute advantage and increases net exports.
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Balance of Trade
- Suppose the USA imported $1 billion worth of goods and services in 2008 and exported $750 million dollars worth of goods and services, then its trade deficit would be $1 billion minus $750 million, which equals a trade deficit of $250 million.
- A positive balance is known as a "trade surplus," if it consists of exporting more than is imported; a negative balance is referred to as a "trade deficit" or, informally, a "trade gap."
- The balance of trade is sometimes divided into a goods and a services balance.
- Factors that can affect the balance of trade include:
- In addition, the trade balance is likely to differ across the business cycle.
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Balance of Payments
- If we subtract the amount of money coming in and the money going out, the surplus would be $1.5 billion.
- Sources of funds for a nation, such as exports or the receipts of loans and investments, are recorded as positive or surplus items.
- When all components of the BOP accounts are included, they must sum to zero with no overall surplus or deficit.
- For example, if a country is importing more than it exports, its trade balance will be in deficit, but the shortfall will have to be counter-balanced in other ways – such as by funds earned from its foreign investments, by running down central bank reserves, or by receiving loans from other countries.
- Imbalances in the latter sum can result in surplus countries accumulating wealth, while deficit nations become increasingly indebted.
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Nonprofit Organizations (NPOs)
- A nonprofit organization is an organization that uses surplus revenues to achieve goals rather than to distribute them as profit or dividends.
- Its surplus revenue is used to help needy children, as mentioned in the above paragraph.
- A nonprofit organization (NPO) is an organization that uses surplus revenues to achieve its goals rather than to distribute them as profit or dividends.
- While not-for-profit organizations are permitted to generate surplus revenues, they must be retained by the organization for its self-preservation, expansion, or for other plans.
- The extent to which an NPO can generate surplus revenues may be constrained, or use of surplus revenues may be restricted.
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Impacts of Productivity on Output
- This criterion is the ability to produce surplus value.
- As a criterion of profitability, surplus value refers to the difference between returns and costs, taking into consideration the costs of equity in addition to the costs included in the profit and loss statement as usual.
- Surplus value indicates that the output has more value than the sacrifice made for it; in other words, the output value is higher than the value (production costs) of the used inputs.
- If the surplus value is positive, the owner's profit expectation has been surpassed.
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Technological Barriers
- Standards-related trade measures, known in WTO parlance as technical barriers to trade play a critical role in shaping global trade.
- As tariff barriers to industrial and agricultural trade have fallen, standards-related measures of this kind have emerged as a key concern.
- These standards-related trade measures, known in World Trade Organization (WTO) parlance as "technical barriers to trade," play a critical role in shaping the flow of global trade.
- But standards-related measures that are non-transparent, discriminatory, or otherwise unwarranted can act as significant barriers to U.S. trade.
- Most countries are now part of the World Trade Organization.
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Economics
- Trade barriers are government-induced restrictions on international trade, which generally decrease overall economic efficiency.
- Trade barriers are government-induced restrictions on international trade.
- Man-made trade barriers come in several forms, including:
- Most trade barriers work on the same principle–the imposition of some sort of cost on trade that raises the price of the traded products.
- If two or more nations repeatedly use trade barriers against each other, then a trade war results.
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The Argument Against Barriers
- Most trade barriers work on the same principle: the imposition of some sort of cost on trade that raises the price of the traded products.
- If two or more nations repeatedly use trade barriers against each other, then a trade war results
- Trade barriers are often criticized for the effect they have on the developing world.
- If international trade is economically enriching, imposing barriers to such exchanges will prevent the nation from fully realizing the economic gains from trade and must reduce welfare.
- International trade is the exchange of goods and services across national borders.
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The North American Free Trade Agreement (NAFTA)
- The North American Free Trade Agreement (NAFTA) is an agreement signed by the governments of Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.
- It superseded the Canada – United States Free Trade Agreement between the U.S. and Canada.
- In terms of combined GDP of its members, the trade bloc is the largest in the world as of 2010.
- The goal of NAFTA was to eliminate barriers to trade and investment among the U.S., Canada, and Mexico.
- --Canada trade was already duty free.
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Trade Associations
- A trade association, also known as an industry trade group, business association, or sector association, is an organization founded and funded by businesses that operate in a specific industry .
- In addition, trade groups attempt to influence the activities of regulatory bodies.
- The main media published by trade associations are as follows:
- Industry trade groups sometimes produce advertisements, just as normal corporations do.
- The Association of Master Upholsterers is an example of a trade association.