Is trade deficit and trade imbalance are the same?

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Is trade deficit and trade imbalance are the same?

pls. answer me...

2007-10-18 02:06:30 · 2 answers · asked by Chokoh 1 in Social Science ➔ Economics

2 answers

A trade deficit is a negative trade imbalance, Imbalance can also mean a trade surplus.

2007-10-18 02:21:28 · answer #1 · answered by meg 7 · 2⤊ 0⤋

A trade imbalance means just that. Imports + exports is not equal to 0. So a trade deficit which means imports are greater than exports is a type of trade imbalance, but so is a trade surplus.

2007-10-18 05:53:51 · answer #2 · answered by meg 2 · 1⤊ 0⤋