|
|
Improve the trade balance |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Improve the trade balanceThis 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 MatchesLeasehold improvementLeasehold improvementAn improvement made to leased property. Improve the terms of tradeImprove the terms of tradeTo 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 ImprovementDeming Cycle for Continuous ImprovementA 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. Quality Improvement Council (QIC)Quality Improvement Council (QIC)A group composed of the Coach and the senior leadership of an organization which is primarily responsible for planning, strategy development, deployment, monitoring, educating, and promoting CQI. ImprovementsImprovementsGenerally, buildings, but may include any permanent structure or other development. such as a street, utilities. etc. Further SuggestionsProcess ImprovementContinuous Quality Improvement (CQI) Municipal improvement certificate |
|
|
|