The total of all exports (goods and services) minus the total of all imports. A positive trade balance means that more goods were exported than imported. The external balance is monitored and evaluated by the ECB under the two-pillar principle. – See external demand, producer prices, industrial, unit value ratio. – Cf. ECB Monthly Bulletin, June 2013, pp. 79 et seq. (euro area exports since 1999; overviews).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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