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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

bal′ance of trade′


n.
the difference in value between imports and exports, said to be favorable to a country when exports are greater.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

balance of trade

nbilancia commerciale
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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.
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.