A small country is just beginning its international trade activities. in so doing, it wants to "provide markets for its products" and to develop a favorable balance of trade.
The balance of trade is the contrast between the estimation of a nation's imports and exports for a given period. Trade balance for the most part relies upon import and export of specific nations. Exports and imports are imperative for the improvement and development of national economies in light of the fact that not all nations have the assets and abilities required to create certain merchandise and enterprises.
