Trade balance (net trade)

Key term for Edexcel GCSE Geography A, used in Global Development.

Definition

The difference in value between a country's total exports and total imports.

Exam Context

Trade balance (net trade) appears in Edexcel GCSE Geography A revision content for The Human Environment, especially Global Development and Development Case Study: Influencing Factors.

The Human Environment Global Development Development Case Study: Influencing Factors

Found in Revision Notes

The Human Environment

International Trade and Aid Patterns

Global Development • Development Case Study: Influencing Factors

Revise note

Related Key Terms

Appropriate technology (intermediate technology)Bilateral aid Bottom-up development Long-term aid (developmental)

Revise Geography A with GradeGen.AI

Create a free account to access Edexcel GCSE Geography A revision notes, track progress, and practise related key terms.

Multilateral aid

Multiplier effect

NGO (Non-Governmental Organisation)

Primary commodities