Understanding the meaning of balance of trade - BoostVocab

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balance of trade

Synonyms of balance of trade Antonyms of balance of trade Examples of balance of trade Usage of balance of trade Parts of balance of trade Definition that contains balance of trade Words sounding like balance of trade Explanation of balance of trade

noun
the difference in value over a period of time of a country's imports and exports of merchandise
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"a nation's balance of trade is favorable when its exports exceed its imports"

Similar:

trade balance trade gap visible balance

type of:
balance

Explanation of balance of trade

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