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1. (n.) balance of trade
the difference in value between imports and exports, said to be favorable to a country when exports are greater.
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| Definition of 'balance of trade' |
Princeton's WordNet |
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1. (noun) balance of trade, trade balance, visible balance, trade gap
the difference in value over a period of time of a country's imports and exports of merchandise
"a nation's balance of trade is favorable when its exports exceed its imports"
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| Definitions of 'balance of trade' |
The Nuttall Encyclopedia |
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1. balance of trade
the difference in value between the exports and the imports of a country, and said to be in favour of the country whose exports exceed in value the imports in that respect.
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| Alternative search options for 'balance of trade' |
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Definitions of balance of trade 
