What%20is%20favourable%20balance%20of%20trade%3F

The term ‘favorable balance of trade’ is used by American economists when the exports of a country exceed its imports, the country is said to have a favourable balance of trade, or a trade surplus. 
Conversely when the imports exceed exports, an unfavourable balance of trade, or a trade deficit exists, it called as %u2018unfavorable balance of trade%u2019. 
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