Trade Balance
Definition: Trade balance, the largest component of acountry's balance of payments, is the difference in the value of its imports and exports for the reporting period.
“”What mean ???? (arrow pointed) :
50% Correct +/- And 80% Correct +/-
At the 50% Correct value there is a 50/50 chance the forecast value will be within this margin of error.
At the 80% Correct value there is a 80% chance the forecast value will b…