Balance Of Trade Definition
noun
The difference in value between the total exports and total imports of a nation during a specific period of time.
American Heritage
The difference in value between a country's exports and imports.
Webster's New World
Synonyms:
- trade balance
- trade gap
- visible balance
- merchantry
Other Word Forms of Balance Of Trade
Noun
Singular:
balance of trade
Plural:
balances-of-tradeRelated Articles
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