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They argued – and it’s even more true today – that the trade account and the capital account have to balance each other, and there’s no reason to assume that it’s the capital account that balances the ...
A busy day greets us this morning, with major economic news hitting the tape ahead of the normal trading session, during it and afterwards, as well. Pre-market futures are mixed-to-flat once again, ...
A trade deficit is also referred to as a negative balance of trade (BOT). The balance can be calculated on different categories of transactions: goods (a.k.a., “merchandise”), services ...
Because it had to publish something it kept the trade balance, which has been bedeviling us ever since. The “trade deficit” has been enthroned as a kind of economic black hole from which ...
However, the trade balance swung to deficit in 2011, as the Fukushima nuclear disaster forced the country to increase its purchases of fossil fuels and gas in the wake of weaker yen. The surplus ...