Library / English Dictionary

    BALANCE OF TRADE

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    The difference in value over a period of time of a country's imports and exports of merchandiseplay

    Example:

    a nation's balance of trade is favorable when its exports exceed its imports

    Synonyms:

    balance of trade; trade balance; trade gap; visible balance

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("balance of trade" is a kind of...):

    balance (the difference between the totals of the credit and debit sides of an account)

    Credits


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