Monday, February 14, 2011

Trade balance

On this short video you will  understand  better how the trade balance works and the differences between the trade balances of the most and the least developed countries in the world. 

And here you have a link to a webpage where you can see the Spanish trade balance in the last two years. It is obviously negative. This means that the country has spent more money buying products than the money it has earned selling its products to other countries. This is called deficit:

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