Pacific Trade Perspectives
The entire international trade of the world consists of the reciprocal export and import of goods and services between countries, where to speak of a particular country’s trade balance is to indicate the difference between its exports and imports on the basis of one suitable measure or another. A positive trade balance indicates that exports are larger than imports, whereas a negative trade balance indicates that imports are larger than exports (International Monetary Fund, 2003). International trade includes a large portion of transfers between related business firms, giving rise to the phenomenon of International Transfer Pricing.
KeywordsForeign Direct Investment Trading Partner Regional Survey Transportation Equipment Major Trading Partner
Unable to display preview. Download preview PDF.