visible balance

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Related to Visible Trade Balance: Invisible Trade Balance

visible balance

n
(Economics) another name for balance of trade
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Noun1.visible balance - the difference in value over a period of time of a country's imports and exports of merchandisevisible balance - 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"
balance - the difference between the totals of the credit and debit sides of an account
References in periodicals archive ?
The British visible trade balance is forecasted to have moved from a surplus to a deficit, which comes as little surprise considering how the British pound fared against the euro in November.
Indeed, the UK Visible Trade Balance deficit is set to narrow to -6.
Results for some important variables including GDP and manufacturing output growth, inflation and the visible trade balance are summarised in Table 1.