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BALANCE OF TRADE

Pronunciation (US): 

 Dictionary entry overview: What does balance of trade mean? 

BALANCE OF TRADE (noun)
  The noun BALANCE OF TRADE has 1 sense:

1. the difference in value over a period of time of a country's imports and exports of merchandise

  Familiarity information: BALANCE OF TRADE used as a noun is very rare.


 Dictionary entry details 


BALANCE OF TRADE (noun)


Sense 1balance of trade [BACK TO TOP]

Meaning:

The difference in value over a period of time of a country's imports and exports of merchandise

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

balance of trade; trade balance; trade gap; visible balance

Context example:

a nation's balance of trade is favorable when its exports exceed its imports

Hypernyms ("balance of trade" is a kind of...):

balance (the difference between the totals of the credit and debit sides of an account)


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