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balance of payments
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trade balance
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trade balance
–noun
balance of trade.
Origin:
1925–30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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trade balance
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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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