There are persons who imagine that they can never be carried to too great a length; since the higher they are, the more it is alleged they will tend to discourage an extravagant consumption, to produce a favorable balance of trade
, and to promote domestic manufactures.
And that unconsumed surplus, sold abroad, becomes what we call our favorable balance of trade
. Are we all agreed so far?"
Backed by the political and people-to-people interactions, bilateral trade continued to soar despite global headwinds." "Valued at $180 million per annum in the 1970s, the balance of trade
volume between India and the UAE is now worth $57 billion, making India the largest trading partner of the UAE, while the UAE is India's third largest trading partner - after China and the US.
They might start with this fact: 'Balance of Trade
in Philippines averaged a deficit of $343 million per month from 1957 until 2018.'
'If the impact on balance of trade
was to come, it would have in the last 3-4 months, as authorities have been devaluing rupee for about eight months now.' Schehzad said the country needs structural changes, like diversifying exports instead of heavily relying on the textile sector, lowering cost of production and rationalising taxes on imports and exports.
Despite the unfavorable balance of trade
, the economy expanded at a rate of 5.7 percent compared with 4.8 percent in the same period of last year.
However, as imports exceeded exports, the balance of trade
in February ended at a deficit of $3.06 billion, wider than the $1.77 billion posted in February last year.
The scenario demanded urgency to negotiate with our close friend Indonesia so that balance of trade
between two countries may equally compliment exports from Pakistan, said the BMP President.
The balance of trade
surplus in is favor of the United States with RO112,870,776.
BEIRUT: Lebanon urged Russia to facilitate the entry of more Lebanese-made goods into the country to narrow the deficit in the balance of trade
between the two states.
As part of the initiative of the Ministry of Commerce & Industry to provide easy access to the public with regard to Indias export, import and balance of trade
data in an analytical format, over time and space, Commerce & Industry Minister Smt.
Bulgariaas balance of trade
remained negative in July and amounted to Euro 32.8 M, compared to a deficit of Euro 254.2 M a year ago.