English dictionary
balance of trade meaning and definition
Definition and meaning of balance of trade at MeaningMonkey.org. balance of trade meaning and definition in the English Dictionary.BALANCE OF TRADE noun
Definition of balance of trade (noun)
- 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"
- synonyms: trade balance, trade gap, visible balance
Source: Princeton University Wordnet