# Trade balance

- Canonical URL: https://www.gerhardmerk.de/trade-balance
- Post ID: 591951
- Modified: 2023-07-25T21:13:32+00:00
- Language: en

## Definition

The total of all exports (goods and services) minus the total of all imports. A positive trade balance means that more goods were exported than imported. The external balance is monitored and evaluated by the ECB under the two-pillar principle. - See external demand, producer prices, industrial, unit value ratio. - Cf. ECB Monthly Bulletin, June 2013, pp. 79 et seq. (euro area exports since 1999; overviews). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 1.1.1