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Home -› Economics
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-› Balance on goods & services
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Social Science Categories
| Definition Of: | ||||||
Balance on goods and services
Record of the difference between exports
of goods and services and imports
of goods and services. In the broad sense, this balance is
conceptually equal to net
exports of goods and services, which is a component of gross
domestic product (GDP). Related terms: balance
on current account, balance
on goods.
Source: U.S. Bureau of Economic Analysis
See also: Capital account (international) , Gross domestic product (GDP) price index , Outward investment , Personal saving , Personal outlays |
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BEA Economic Analysis Dictionary INDEX:List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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