the Trade Balance (CTB) index, as well as the analysis of unit values of exports and imports, in order to compare and …

depreciation on the bilateral trade balance in the short and the long run, it was established that the depreciation of Ghana Cedis … in recent years could be considered as a successful policy for the trade balance improvement of Ghana. First, the real … depreciation of Ghana Cedis improves Ghana’s trade balance with China and the Swiss after worsening the trade balance in the short …

Does an improvement in growth prospects lead to a fall in the trade balance? The relevance of this question stems from … the tendency for countercyclical fluctuations in the trade balance stressed by both the academic literature and … policymakers. However, we do not find that improved growth prospects (news shocks) necessarily lead to negative trade balance …