balance trade
balance of trade
noun
the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports.
Origin:
1660–70
1660–70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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Link To balance trade
Collins
World English Dictionary
| balance of trade | |
| —n | |
| economics Compare invisible balance Also called: visible balance the difference in value between total exports and total imports of goods | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Balance trade
is always a great word to know.
So is doohickey. Does it mean:
| the offspring of a zebra and a donkey. |
| a gadget; dingus; thingumbob. |
American Heritage
Cultural Dictionary
balance of trade definition
That part of the balance of payments relating to goods only (as opposed to services, monetary movements, official reserve transactions, etc.).
Note: A nation whose imports are worth more than its exports is said to have an unfavorable balance of trade, or to be running a trade deficit.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
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