1) International trade theory
Found on
https://www.crosswordclues.com/clue/balanced-trade
Balanced trade is an alternative economic model to free trade. Under balanced trade nations are required to provide a fairly even reciprocal trade pattern; they cannot run large trade deficits. The concept of Balanced Trade arises from an essay by Michael McKeever Sr. of the McKeever Institute of Economic Policy Analysis. According to the essay, ....
Found on
http://en.wikipedia.org/wiki/Balanced_trade
1. A balance of trade equal to zero. 2. The assumption that the balance of trade must be zero in equilibrium, as would be the case with a floating exchange rate and no capital flows. This is a standard assumption in real models of international trade, which exclude financial assets.
Found on
http://www-personal.umich.edu/~alandear/glossary/b.html
No exact match found.
