balance of trade

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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 ?
The December factory goods report added to the pattern, with firm inventories and weak equipment exports that track a sharp deterioration in the U.S. trade balance for capital equipment, alongside strength in domestic equipment purchases.
trade officials calculate the U.S. trade balance - attributing the entire value of a product to a country like China where final assembly happens - fails to reflect the true value that Apple generates in the United States.
Nevertheless, the prospects for the U.S. trade balance are not so bright.
The changes in the ratio of the U.S. trade balance to U.S.
These import barriers would pull workers and capital into import-competing sectors and away from export sectors, roughly leaving the U.S. trade balance unchanged while lowering national income and average living standards.
agricultural producers to expand overseas markets that contribute to a positive U.S. trade balance, create jobs, and boost economic growth.
U.S. Trade Balance on Potentially ICT-Enabled Services by
dollar on Friday, rising to a fresh one-week high after the release of strong U.S. trade balance data added to hopes over the strength of the country's economic recovery.
Deficit of U.S. trade balance reached its all-time high last November within the recent 7 months and formed 48.7 bn USD, having exceeded the expectations of analysts by 7.4 bn USD.
The U.S. trade balance in automobiles improved from a $76 billion deficit in 2010 to a $75 billion deficit in 2011, a 1.4% deficit decrease.
Figures include the U.S. Trade Balance and Import Price Index at 1230.
The U.S. trade balance in advanced technology manufactured products, a long-time strength of the American economy, shifted from surplus to deficit beginning in 2001 and stood at an $81 billion deficit in 2010, despite a 25 percent decline in the dollar relative to an index of foreign major currencies, according to Dr.