visible balance

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Related to Visible Trade Balances: 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 ?
Results for some important variables including GDP and manufacturing output growth, inflation and the visible trade balance are summarised in Table 1.
The figure indicates that the column (2) forecast is not wholly inferior to the original column (1) forecast as the estimate of the visible trade balance has improved, despite the deterioration in the forecast of both growth and inflation.