BALANCE OF TRADE • DICCIONARIO INGLES.COM • Definition of Balance of trade

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/bˈæləns əv treɪd/ Listen

Balance of trade

noun

The difference in value over a period of time of a country's imports and exports of merchandise. Synonyms: trade balance, trade gap, visible balance.

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Etymology of 'Balance of trade'

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"Balance of trade" Quotes from Famous Books

... colonial produce to the extent of five millions yearly; and which in every case, but especially in bad seasons, when large supplies of continental grain were necessary for the food of her population, always secured a large balance of trade in her favour, and which would again be the case if she adopts the ...

— Blackwood's Edinburgh Magazine - Volume 55, No. 344, June, 1844 • Various

... avail us if the balance of trade be in our favor by one, or two, or three hundred millions of dollars, if this result be obtained by the degradation and death of our own people? More; not only at the expense of the well being of our own people, but of the people of those countries in whose markets we are enabled ...

— Black and White - Land, Labor, and Politics in the South • Timothy Thomas Fortune

Words linked to "Balance of trade" : balance, visible balance, trade gap, trade balance