Improve the trade balance


 

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Improve the trade balance

This conventionally refers to an increase in exports relative to imports, which thus causes the balance of trade to become larger if positive or smaller if negative. The terminology ignores that exports drain resources while imports satisfy domestic needs, and reflects instead the association of exports with either accumulation of wealth or jobs.



Similar Matches

Improve the terms of trade

Improve the terms of trade

To increase the terms of trade; that is, to increase the relative price of exports compared to imports. Because it represents an increase in what the country gets in return for what it gives up, this is associated with an improvement in the country's welfare, although whether that actually occurs depends on the reason prices changed.


Deming Cycle for Continuous Improvement

Deming Cycle for Continuous Improvement

A visualization of the CQI process usually consisting of four points. Plan, Do, Check, Act: linked by quarter circles. The cycle was first developed by Dr. Walter A. Shewhart but was popularized in Japan in the 1950 by Dr. W. Edwards Deming.


Continuous Quality Improvement (CQI)

Continuous Quality Improvement (CQI)

The culture, strategies and methods necessary for continual improvement in meeting and exceeding customers' expectations.


Leasehold improvement

Leasehold improvement

An improvement made to leased property.


Municipal improvement certificate

Municipal improvement certificate

A certificate used to finance local government projects and services which is financed by a special tax assessment and provides tax-free interest .


Further Suggestions

Quality Improvement Council (QIC)
Process Improvement
Improvements


 
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