Balance-of-trade definition

The difference in value between the total exports and total imports of a nation during a specific period of time.
noun
0
0
The difference in value between a country's exports and imports.
noun
0
0
(economics, trade) The difference between the monetary value of exports and imports in an economy over a certain period of time.
noun
0
0
Advertisement

Other Word Forms

Noun

Singular:
balance-of-trade
Plural:
balances-of-trade