The trade balance in the context of dollarized economies: A comparative study of the republics of El Salvador and Ecuador
Keywords:
Foreign trade, dollarized economy, exports, imports, trade balanceAbstract
The objective of the research was to conduct a comparative analysis of the trade balance of two dollarized Latin American economies: El Salvador and Ecuador. This study aimed to explore and compare their foreign trade performance during the 2015–2025 period. A quantitative research approach was adopted, utilizing an analytical method. The research technique involved a review of documents and databases sourced from recognized organizations. Key findings revealed divergent outcomes for the nations under study: Ecuador recorded a trade surplus, whereas El Salvador posted a deficit. Furthermore, the share of imports within El Salvador's trade balance was greater than that of its Ecuadorian counterpart.
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