favourable balance of trade

However, according to most scholars, a favourable balance of trade still existed at the end of the 18th century.

Colbert worked to create a favourable balance of trade and increase France's colonial holdings.

A devalued Australian currency assisted in restoring a favourable balance of trade.

Added to the fact that it was undesirable to strive for a favourable balance of trade it is, said Hume, in any case impossible.

Locke argues that a country should seek a favourable balance of trade, lest it fall behind other countries and suffer a loss in its trade.

When the amount exported exceeds the amount imported the country is said to have a favourable balance of trade or a trade surplus.

Another reason for the not too favourable balance of trade is the falling price of karakul lambskins, the most valuable of the country's exports.

The EC delegation raised questions about the ASEAN members' continued status as "developing countries" given their favourable balance of trade with Europe.