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they have a favourable trade balance

См. также в других словарях:

  • balance of trade — the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. [1660 70] * * * Difference in value over a period of time between a nation s imports and… …   Universalium

  • balance — {{Roman}}I.{{/Roman}} noun 1 even combination/distribution ADJECTIVE ▪ correct, equal, even, exact, ideal, necessary, optimal, optimum, perfect, prope …   Collocations dictionary

  • Trade union — Unions redirects here. For the defunct Australian rules football club, see Unions Football Club. Labour union redirects here. For the Polish political party, see Labour Union (Poland). For the Canadian political party, see Union Labour. Labor… …   Wikipedia

  • international trade — Introduction       economic transactions that are made between countries. Among the items commonly traded are consumer goods, such as television sets and clothing; capital goods, such as machinery; and raw materials and food. Other transactions… …   Universalium

  • commodity trade — ▪ economics Introduction       the international trade in primary goods. Such goods are raw or partly refined materials whose value mainly reflects the costs of finding, gathering, or harvesting them; they are traded for processing or… …   Universalium

  • Anglo-Irish Trade War — The Anglo Irish Trade War (also called the Economic War ) was a retaliatory trade war between the Irish Free State and the United Kingdom (UK) lasting from 1933 until 1938. It involved the refusal of the Irish Government to continue to reimburse… …   Wikipedia

  • Europe, history of — Introduction       history of European peoples and cultures from prehistoric times to the present. Europe is a more ambiguous term than most geographic expressions. Its etymology is doubtful, as is the physical extent of the area it designates.… …   Universalium

  • brazil — /breuh zil /, n. brazilwood. [1350 1400; ME brasile < ML < It < Sp brasil, deriv. of brasa live coal (the wood being red in color) < Gmc; see BRAISE] * * * Brazil Introduction Brazil Background: Following three centuries under the rule of… …   Universalium

  • Brazil — Brazilian /breuh zil yeuhn/, adj., n. /breuh zil /, n. a republic in South America. 164,511,366; 3,286,170 sq. mi. (8,511,180 sq. km). Cap.: Brasília. Portuguese and Spanish, Brasil. Official name, Federative Republic of Brazil. * * * Brazil… …   Universalium

  • Norway — /nawr way/, n. Norwegian, Norge. a kingdom in N Europe, in the W part of the Scandinavian Peninsula. 4,404,456; 124,555 sq. mi. (322,597 sq. km). Cap.: Oslo. * * * Norway Introduction Norway Background: Despite its neutrality, Norway was not able …   Universalium

  • History of economic thought — The history of economic thought deals with different thinkers and theories in the field of political economy and economics from the ancient world to the present day. British philosopher Adam Smith is cited by many as the father of modern… …   Wikipedia

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