balance of trade (redirected from United States trade deficit)

balance of trade

n.

The difference in value between the total exports and total imports of a nation during a specific period of time.

---

balance of trade

n

(Economics) the difference in value between total exports and total imports of goods Also called visible balance Compare invisible balance

Thesaurus

Noun

1.

balance of trade - 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" trade balance, trade gap, visible balance balance - the difference between the totals of the credit and debit sides of an account

Translations

balance of trade n → bilancia commerciale