Measures of a country's trade and capital dealings with the rest of the world, including the trade balance, the current account, terms of trade, foreign direct investment, foreign exchange reserves and the KOF Globalisation Index. An indicator belongs here when its cited article describes an external balance, flow or reserve. The group brings together the entries filed under the heading Trade and Payments Balances, so a reader can compare them and move from one to another within the same part of the economic field.
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Trade and Payments Balances
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Balance of trade (Wikipedia)
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Balance of trade is the difference between the monetary value of a nation's exports and imports of goods over a certain time period.
Foreign exchange reserves (Wikipedia)
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Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets.
Terms of trade (Wikipedia)
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The terms of trade (TOT) is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices.
Wikipedia: KOF Globalisation Index
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The KOF Index of Globalisation is an index of the degree of globalisation of 122 countries.
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