Keyword Analysis & Research: balance of trade define


Keyword Analysis


Keyword Research: People who searched balance of trade define also searched

Frequently Asked Questions

How do you calculate the balance of trade?

The way to calculate this balance of trade is to take the total value of all imports and subtract the total value of all exports between the two countries, or between one country and the rest of the world.

How to calculate balance of trade as a percentage?

Divide the country's balance of trade by its gross domestic product. Using the example, when you divide $100 million by $30 billion you get 0.033. Multiply the result from step 5 to calculate the country's balance of trade as a percentage of gross domestic product. In the example, you would multiply 0.033 by 100 and 3.3.


Search Results related to balance of trade define on Search Engine