Foreign Trades
International trades data in goods and services
Difference between the value of US imports and exports for goods and services in a given month
Trade Balance
Monthly reports on US exports & imports of goods & services.
Also known as International Trades in Goods & Services. Trade performance determined by 3 factors:
1. Growth differential between US and other countries
2. Exchange rate of USD against other currencies
3. Inflation rates differential
Trade deficit lead to weak USD
Trade surplus lead to strong USD
