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 Class IX-X Tuition

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

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

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 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 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

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'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 deficit. Countries usually regard that as an unfavorable trade balance. 

read less
Comments
Dislike Bookmark

View 5 more Answers

Related Questions

Describe the spread of Non-Cooperation Movement in the countryside.
Mohandas Karamchand Gandhi started the non-cooperation movement. The main motive of this movement was to resist the British rule in India, by a non-violent means, also called "satyagraha". This movement...
Kunal
0 0
6
"Road transport in India is not competitive but complementary to railways." Justify the statement by giving four points.
Road transport in India is complimentary to railways. There is no competition between the two lifelines of Indian economy. They corroborate rather compete with each other. Unless we have capable and proper...
Syed
0 0
5
Why Indians were outraged by the Rowlatt Act?
Because it gave the givergover autocratic powers to repress political activities.
Dhanshri
0 0
9
What is the difference between personal communication and mass communication?
There are many types of communication, but as it is asked about the differences between personal communication of mass communication, the answer is as follows. Personal Communication is something between...
Mang
0 0
7
What are Special Economic Zones? Why have they been set up?
SEZ or special economic zones are export processing zones which have quality infrastructure complemented with minimum possible regulations. Companies which set up production units in the SEZs do not have...
Neha
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

Discuss the impact of globalisation on culture.
Impact of Globalization on culture- Globalisation of culture refers to mixing of the global with the local. Foreign firms use this globalization to deal with local traditions to enhance their marketability....

Sujoy Das

0 0
0
Many tribal areas have rich tradition of grass-root democracy. Illustrate with example.
Tribal groups like Khasi, Jaintia and Garo have their own traditional political institutions. These institutions are fairly well developed and function at various tiers such village, clan and...

Sujoy Das

0 0
0
Russian Revolution
The Russian Revolution of 1905The Russian Revolution of 1905 was a wave of mass political and social unrest that spread through vast areas of the Russian Empire, which included worker strikes, peasant...

Dr Sangeeta S.

0 0
0
Battles of Panipat
There are three battles of Panipat ~ 1st Battle of Panipat (1526) : Mughal leader, Babaur Vs Afgan Sultan of Delhi, Ibrahim Lodi. 2nd Battle of Panipat (1556) : Mughal forces under Akbar & Bairam...

Souvik Dasgupta

1 0
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

Recommended Articles

Quest Academy - Institute of the month

Quest Academy is a professional Bangalore based NEET and JEE (Main + Advanced) training institute. The academy was incorporated in 2015 to cater to the needs of students, who aim to crack competitive exams by connecting with the best brains around. The institute helps students enhance their skills and capabilities through...

Read full article >

Meet Raghunandan.G.H, a B. Tech Tutor from...

Raghunandan is a passionate teacher with a decade of teaching experience. Being a skilled trainer with extensive knowledge, he provides high-quality BTech, Class 10 and Class 12 tuition classes. His methods of teaching with real-time examples makes difficult topics simple to understand. He explains every concept in-detail...

Read full article >

Meet Sandhya R, a B.Sc tutor from Bangalore

Sandhya is a proactive educationalist. She conducts classes for CBSE, PUC, ICSE, I.B. and IGCSE. Having a 6-year experience in teaching, she connects with her students and provides tutoring as per their understanding. She mentors her students personally and strives them to achieve their goals with ease. Being an enthusiastic...

Read full article >

Meet Swati, a Hindi Tutor from Bangalore

Swati is a renowned Hindi tutor with 7 years of experience in teaching. She conducts classes for various students ranging from class 6- class 12 and also BA students. Having pursued her education at Madras University where she did her Masters in Hindi, Swati knows her way around students. She believes that each student...

Read full article >

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 © 2010-2024All Rights Reserved