trade balance

trade balance


Origin:
1925–30

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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trade balance

noun
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" [syn: balance of trade
WordNet® 3.0, © 2006 by Princeton University.
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