trade surplus

trade surplus definition - business

trade surplus

The amount of goods and services that a country exports that is in excess of the amount of goods and services it imports. A trade surplus increases economic activity in a country but also may result in higher prices and interest rates if the economy is already operating at near capacity. Compare trade deficit.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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