balance of trade

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Related to Trade Balances: Favorable Balance of Trade

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) economics the difference in value between total exports and total imports of goods. Also called: visible balance Compare invisible balance

bal′ance of trade′


n.
the difference in value between imports and exports, said to be favorable to a country when exports are greater.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.balance of trade - the difference in value over a period of time of a country's imports and exports of merchandisebalance 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"
balance - the difference between the totals of the credit and debit sides of an account
Translations

balance of trade

nbilancia commerciale
References in periodicals archive ?
Other regions that reported positive trade balances during the period were Central Luzon, Davao Region, SOCCSKARGEN and ARMM.
Meanwhile, six regions posted positive trade balances in the third quarter of 2017.
Table 1: Determinants of China's aggregate and bilateral trade Balances (Dependent variable: trade balance in per cent of GDP) All trading United States EU-15 partners Constant 19.
5% of GDP during the period considered, while their trade balances were in slight surplus (0.
As per our expectations, the current account and trade balance surpluses that dipped in 2009 experienced an impressive recovery in 2010 with current account & trade balances estimated reaching SR250.
Recognizing that an important factor influencing trade balance dynamics is the degree of responsiveness of trade prices to exchange rate movements, this paper set out to estimate the degree of pass-through on prices and trade balances.
The trade balances remained nearly stable with Japan (-19.
Invoking various oligopolistic scenarios, Barros and Cabral (1994), Head and Ries (1997), Levinsohn (1997), Sorgard (1997), Yano (2001), and Zhang and Chen (2002)--all find positive (negative) trade balances to conditionally favor more lenient (strict) domestic merger policy.
The Finance Ministry announced the figures earlier Monday along with Japan's trade balances with other regions and with the rest of the world.
We begin with [TABULAR DATA FOR TABLE I OMITTED] a baseline model that includes the real total government budget surplus and the real current account balance as our measures of the budget and trade balances, as well as money growth, real income, and the real exchange rate.