PBF 1.03 Balance of Trade and Payment Activity
Name: ___________________________________ Class: ________________ Date: ___________
Balance of Trade
Directions: Review the graphs below of import and export data. Then determine if the balance of
trade is favorable or unfavorable.
Imports
Exports
Country A
Country A imports $138 billion
worth of goods and exported $143
billion.
$85
$93
Exports
$143
$138
Imports
Country B
Country B imported $93 billion
worth of goods and exported $85
billion.
Favorable or Unfavorable:_______________
Favorable or Unfavorable:_______________
Why: _______________________________
Why: _______________________________
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Balance of Payments
Directions: Read the scenario about the spending of two travelers, and then determine if their
spending could contribute to a favorable or unfavorable balance for their countries.
Scenario:
John, who lives in the United States, purchased clothing and souvenirs while visiting Russia. The
value of all the goods he purchased is around $2400. In the meantime while visiting the United
States from Russia, Fatima purchased clothing and souvenirs, toured several museums, and ate at
several restaurants. She spent around $5300.
Using the spending pattern of these two people, for which country is a balance payment
unfavorable? Why?
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