Examlex
Perform the indicated operation and simplify.
Trade Deficit
A condition where a nation's expenditures on imported goods surpass its income from exports, resulting in a greater outflow of funds than inflow.
Trade Surplus
A situation where a country exports more goods and services than it imports, resulting in a positive balance of trade.
Net Exports
The value of a country's total exports minus the value of its total imports, reflecting the balance of trade.
Exchange Rates
The worth of a single currency when converted into another, showing the amount of one currency that can be swapped for a different one.
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