Definition of Trade Balance

It is called with the term of balancecommercial to the record that a certain country carries about the imports and exports that are carried out in the cape during a certain period of time, that is, the trade balance would be something like the difference that a country has between exports and imports.

Imports are those expenses that companies, governments or people make respect of goods and services that are made in other countries and that are brought to their own, while exports are the goods and services that are produced in a certain country and then sold and shipped to others countries.
These differences can be positive, a situation that will be called surplus commercial or negative that will be called deficit commercial.

The deficit will appear when the quantity being compared, that of imports and exports, is less to the other. Then, there will be a trade deficit when the amount of goods and services that a country exports is less than the amount it imports and, on the other hand, when the quantity of goods and services that a country exports is higher than the quantity of goods it imports, we will be at the gates of what is known as surplus commercial.