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

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Balance
bilateral trade
current account
economics
halfway
invisible balance

mercantilism
surplus
trade balance
trade gap
visible
visible balance

And that unconsumed surplus, sold abroad, becomes what we call our favorable balance of trade.

The Iron Heel by London, Jack View in context

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