balance_of_trade | ||
1. | [ noun ] (accounting) the difference in value over a period of time of a country's imports and exports of merchandise | |
Synonyms: | visible_balance trade_gap trade_balance | |
Examples: | "a nation's balance of trade is favorable when its exports exceed its imports" |
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Related terms: | balance balance | |
Similar spelling: |
balance_of_power balance_of_payments balance_sheet balance_wheel balanced_diet |