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

• Syn: ↑trade balance, ↑visible balance, ↑trade gap

• Hypernyms: ↑balance

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: the difference in value over a period of time between imports and exports of commodities or formerly of commodities and such transactions as services and remittances

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the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports.

[1660-70]

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balance of trade

The difference in value between a country's imports and exports

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Main Entry: ↑balance

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balance of trade UK US noun [singular] economics

the difference between the value of all the goods a country sells to foreign countries and all the goods it buys from them

Thesaurus: international trade_hyponym general words for the activity of buying and selling_hyponym

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balance of trade,

the difference between the value of all the imports and that of all the exports of a country.

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the difference in value between a country's imports and exports

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noun [singular]

: the difference between the amount of money that a country spends on its imports and the amount that it earns from its exports

Each nation tries to maintain a favorable balance of trade with other countries. [=they try to earn more from their exports than they spend on their imports]

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ˌbalance of ˈtrade [balance of trade] (also ˈtrade balance) noun singular

the difference in value between imports and exports

•

a balance-of-trade deficit

(= when a country spends more on imports than it earns from exports)

Look at other dictionaries:

Balance of trade — Balance Bal ance (b[a^]l ans), n. [OE. balaunce, F. balance, fr. L. bilanx, bilancis, having two scales; bis twice (akin to E. two) + lanx plate, scale.] 1. An apparatus for weighing. [1913 Webster] Note: In its simplest form, a balance consists… … The Collaborative International Dictionary of English
balance of trade — ► balance of trade the difference in value between a country s imports and exports. Main Entry: ↑balance … English terms dictionary
balance of trade — n [singular] the difference in value between the goods a country buys from abroad and the goods it sells abroad … Dictionary of contemporary English
balance of trade — noun singular the difference between the value of all the goods a country sells to foreign countries and all the goods it buys from them … Usage of the words and phrases in modern English
balance of trade — n. the difference in value between all the merchandise imports and exports of a country … English World dictionary
Balance of trade — Cumulative Current Account Balance 1980–2008 based on the International Monetary Fund data … Wikipedia
balance of trade — the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. [1660 70] * * * Difference in value over a period of time between a nation s imports and… … Universalium
Balance of trade — Net flow of goods (exports minus imports) between countries. The New York Times Financial Glossary * * * balance of trade ˌbalance of ˈtrade noun [singular] ECONOMICS 1. the part of a country s balance of payments that relates to the value of… … Financial and business terms
balance of trade — net flow of goods (exports minus imports) between two countries. Bloomberg Financial Dictionary The difference between a country s imports and exports. Chicago Mercantile Exchange Glossary * * * balance of trade ˌbalance of ˈtrade noun [singular] … Financial and business terms
balance of trade — balances of trade N COUNT: usu sing A country s balance of trade is the difference in value, over a period of time, between the goods it imports and the goods it exports. The deficit in Britain s balance of trade in March rose to more than 532100 … English dictionary

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balance of trade

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