Balanced trade
From Wikipedia, the free encyclopedia
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.
If deficits appear, the surplus nation must find a way to balance out trade or risk sanctions, fees, or quotas.
[edit] See also
Topics in Trade | |
Definitions |
Balance of payments · Current account (Balance of trade) · Capital account · Foreign exchange reserves · Comparative advantage · Absolute advantage · Import substitution · International trade |
Organizations & Policies |
World Trade Organization · International Monetary Fund · World Bank · International Trade Centre · Trade bloc · Free trade zone · Trade barrier · Import quota · Tariff |
Schools of Thought |
Free trade · Balanced trade · Mercantilism · Protectionism |
Related Issues |