What does a surplus mean? 40

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This is an economic term, generally referring to the surplus and deficit, that is, exports are greater than imports, it is called a surplus, and vice versa.

1. The surplus means that China's foreign trade income is more than that of other countries, and it is easy to develop the economy and improve people's living standards. However, the surplus is too large, resulting in international imbalance and is easy to be protected.

2. **Deficit, our income is less than that of other countries, which means that domestic demand is strong, which is advantageous in the early stage of economic development, China's current situation, if the deficit can not promote exports, the gains outweigh the losses.

The so-called ** surplus refers to the difference between income and expenditure in a certain period of time, such as a month, a quarter, a year, etc.

The so-called ** deficit refers to the difference between income and expenditure in a certain period of time, such as a month, a quarter, a year, etc.

If the surplus is too high, it means that a country's economic growth will need more external demand, and excessive dependence on foreign countries is not conducive to the development of its own economy.

The surplus refers to the fact that the foreign exchange received from exported commodities is greater than the foreign exchange paid by imported commodities.

Deficit refers to the fact that the foreign exchange assigned to imported goods is greater than the foreign exchange earned from exported goods.

Surplus and deficit is a statistical concept in the international world, in layman's terms, surplus and deficit refers to a country or region in a period of time (such as a quarter or a year), the statistical comparison of the amount of imports and exports, if the total amount of exports is greater than the total amount of imports, then, this "difference" is called "**surplus"; Conversely, if the total amount of imports is greater than the total amount of exports, then this "difference" is called "**deficit".

That is, in a certain unit of time (usually calculated on an annual basis), the two sides of the first two sides buy and sell various goods with each other, import and export each other, Party A's export amount is greater than Party B's export amount, or Party A's import amount is less than Party B's import amount, the difference, for Party A, it is called **surplus, on the contrary, for Party B, it is called **deficit. Generally speaking, in terms of the interests of both parties, the party that gets the best surplus is the one who takes advantage, and the one who gets the deficit is the one who suffers. You can look at it this way, ** is to make money.

And the side with a surplus is a net profit; The side with the deficit is the net payout.

When a country has a deficit, it means that the country's foreign exchange reserves are reduced, the international competitiveness of its business socks is weakened, and the country is in a disadvantageous position during the period. A large deficit will intensify the outflow of domestic resources, increase foreign debt, and affect the normal and effective operation of the national economy. Therefore, a long-term deficit should be avoided.