trade surplus

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Leonardo da Vinci (1452-1519), Italian Renaissance painter from Florence. Engraving by Cosomo Colombini (d. 1812) after a Leonardo self portrait. Ca. 1500.

10 Famous Artworks by Leonardo da Vinci

American bison (Bison bison) also known as buffalo or plains buffalo on the prairie, western U.S.

What’s the Difference Between Bison and Buffalo?

Small, white rat (genus Rattus) on a glass table. (rodent, laboratory, experiment)

Cruel and Unusual Punishments: 15 Types of Torture

Christmas tree, holiday, pine

How Did the Tradition of Christmas Trees Start?

Ruminant. Deer. Red deer. Cervus elaphus. Buck. Stag. Antlers.

9 of the World’s Deadliest Mammals

Panoramic view at sunrise of moai, Ahu Tongariki, Easter Island (Rapa Nui), Chile

6 Lost Civilizations

Bog body. Head of Tollund Man. Died at about age 30-40, Dated to about 280 BCE early Iron Age. Found Bjaeldskovdal bog Denmark in 1950 near Elling Woman. Most well preserved bog body to date. Human remains mummified in natural peat bogs. mummy, embalm

9 Noteworthy Bog Bodies (And What They Tell Us)

trade surplus

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balance of trade

In balance of trade
…balance of trade, or a trade surplus. Conversely, if the imports exceed exports, an unfavourable balance of trade, or a trade deficit, exists. According to the economic theory of mercantilism, which prevailed in Europe from the 16th to the 18th century, a favourable balance of trade was a necessary means…
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Japanese economy

In Japan: Economic change
Mounting Japanese trade surpluses increased friction between Japan and its trading partners in Europe and the United States. Japan’s critics charged that the country advocated free trade abroad but maintained a closed market at home, engaged in “adversarial trade” designed to benefit only Japan, and pushed trade…
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