Channel: Alanis Business Academy

Category: Education

Tags: businessbalance of trade deficitbalance of trade explainedinternational businessimportance of balance of tradeunfavorable balance of tradebalance of trade surplusbalance of tradetypes of balance of tradebalance of trade exampleu.s. china trade war explainedu.s. china trade war newsbalance of trade and balance of paymentu.s-china trade warcomponents of balance of trade

Description: What’s better than watching videos from Alanis Business Academy? Doing so with a delicious cup of freshly brewed premium coffee. Visit lannacoffeeco.com and get free shipping on your online order. Subscribe to Alanis Business Academy on YouTube and enable notifications so you receive updates when new videos are available: youtube.com/alanisbusines... The balance of trade is the difference between the value of a nation's imports and exports. When the value of a nation's imports exceeds what it imports a trade deficit is produced while a trade surplus occurs under the opposite conditions. In this lecture, we'll discuss the importance of avoiding significant trade deficits and why the U.S.-China trade war came about.