UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take Class 10 Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

Class 10 > Learn Social Studies > What is Balance of Trade? In which situations is it...
✕

Search in

What is Balance of Trade? In which situations is it favourable and unfavourable?

Asked by Last Modified  

7 Answers

Learn Social Studies +1

Follow 5
Answer

Please enter your answer

Tutor

Difference between imports and exports is called the balance of trade. The trade is called favourable if exports exceed imports. The trade is unfavorable if imports exceed exports.
Comments
Dislike Bookmark

Primary Teacher

When exports are greater than imports, that's a trade surplus. Most nations view that as a favorable trade balance. The opposite, when the value of imports outweighs the value of exports, is a trade deficit. Countries usually regard that as an unfavorable trade balance. The Balance of Trade of a...
read more
When exports are greater than imports, that's atradesurplus. Most nations view that as afavorable trade balance. The opposite, when the value of imports outweighs the value of exports, is atradedeficit. Countries usually regard that as anunfavorable trade balance. The Balance of Trade of a country is the difference between its export and import.In following situations, it is favourable and unfavourable(i) When the value of export exceeds the value of imports, it is called a favourable balance of trade.(ii) On the contrary, if the value of imports exceeds the value of exports, it is termed as unfavourable balance of trade. read less
Comments
Dislike Bookmark

Teacher

Difference between imports and exports is called the balance of trade. The trade is called favourable if exports exceed imports. The trade is unfavorable if imports exceed exports.
Comments
Dislike Bookmark

Teacher

Difference between imports and exports is called the balance of trade. The trade is called favourable if exports exceed imports. The trade is unfavorable if imports exceed exports.
Comments
Dislike Bookmark

Teacher

Difference between imports and exports is called the balance of trade. The trade is called favourable if exports exceed imports. The trade is unfavorable if imports exceed exports.
Comments
Dislike Bookmark

Teacher

Difference between imports and exports is called the balance of trade. The trade is called favourable if exports exceed imports. The trade is unfavorable if imports exceed exports.
Comments
Dislike Bookmark

Online Malayalam language tutor.

The balance of trade compares the value of a country's exports of goods and services against its imports. When exports are greater than imports, that's a trade surplus. Most nations view that as a favorable trade balance. The opposite, when the value of imports outweighs the value of exports, is a trade...
read more
The balance of trade compares the value of a country'sexportsof goods and services against itsimports. When exports are greater than imports, that's atrade surplus. Most nations view that as a favorable trade balance. The opposite, when the value of imports outweighs the value of exports, is a trade deficit. Countriesusually regard that as an unfavorable trade balance. read less
Comments
Dislike Bookmark

View 5 more Answers

Related Questions

Hi all, I am looking for tutions as a tutor for 1st to 8th grade (all subjects).

I also provide classes of Spoken English (Basics) 

 
Std 1 to 8th All subjects - 3500 for 1hr in month Std 5 - 4500 Std 6 - 5000 Std 7 - 7000 Std 8 - 6000 Spoken english - perclass is 750
Proggnya
What steps can be taken to control soil erosion in the hilly areas?
Soil erosion is a potential threat to the areas that are lying on the steep slopes and also near the hills, where there is a good amount of crop cultivation. It not only leaves the land baren but also...
Trupti
0 0
5
Explain giving four reasons how tourism as an industry has alright future in India.
Tourism has a bright future in India because (i) India has many historical places and beautiful landscapes that tourists like to visit. (ii) A stable political climate like in India triggers more Foreign...
Rituraj
Which state is the longest producer of manganese in India?
Odisha is the largest producer producer of manganese in india.
Shiv
0 0
9
Mention any two inland waterways of India. Write three characteristics of each.
Two inland waterways of India are: (i) The Brahmaputra river between Sadiya and Dhubri. (ii) The West-Coast canal in Kerala. Characteristics of Brahmaputra river between Sadiya and Dhubri are as follows: (i)...
Hari
0 0
7

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

What are the major issues of concern to adivasis today?
It connotes the political awareness and the assertion of rights Living in impoverished and exploited circumstances Denied access to forest and forced them to migrate in search of wage labour Government’s...

Sujoy Das

1 1
0
Process of sanskritisation encourages inequalities and discrimination. Explain with examples.
Assumption that upper caste as being superior hence to be imitated. Justification of the practice of inequality and exclusion as marked privileges of upper castes hence a discriminatory system....

Sujoy Das

0 0
0
Behavioral Approach in Geography
By the mid-1960s use of statistical techniques in research for precision has been largely accepted by geographers. It was increasingly realized by the geographers that the models propounded and tested...

Manoj P.

0 0
0
What are the reasons for the amazing growth in Indian language newspapers?
Rise in the number of literate people who are migrating to cities. The needs of the readers in the small towns and villages are different from that of the cities and Indian language newspaper cater...

Sujoy Das

0 0
0
What is basin

Jaikumar Veerwani

0 0
0

Recommended Articles

Find Grade 10 Tuition near you
Grade 10 Tuition in Delhi
Grade 10 Tuition in Bangalore
Grade 10 Tuition in Hyderabad
Grade 10 Tuition in Kolkata
Grade 10 Tuition in Mumbai
Grade 10 Tuition in Chennai
Grade 10 Tuition in Pune
Grade 10 Tuition in Noida
Grade 10 Tuition in Lucknow
Grade 10 Tuition in Jaipur
Online Tuition Class 10

Looking for Class 10 Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Class 10 Tuition Classes?

The best tutors for Class 10 Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take Class 10 Tuition with the Best Tutors

The best Tutors for Class 10 Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2025 All Rights Reserved