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HomeCM Tooltip GlossaryBudget surplus

Budget surplus

February 1, 2020 TheCuriousEconomist Comments Off on Budget surplus

when government spending is less than tax revenue

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Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

February 7, 2020 Comments Off on Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]

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Balance of Payments

China Slashes Tariffs for Developing Nations

October 30, 2024 Comments Off on China Slashes Tariffs for Developing Nations

Starting December, China will cut tariffs for goods from 43 of the world’s least developed nations, primarily across Africa and Asia. This policy means these countries can export products like crops, seafood, and raw materials […]

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