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Definitions and Synonyms of balance of trade | Another word for balance of trade | What is balance of trade?

Definition 1: the difference in value over a period of time of a country's imports and exports of merchandise - [noun denoting possession]

Samples where balance of trade or its synonyms are used according to this definition

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

Synonyms for balance of trade in the sense of this definition

(balance of trade is a kind of ...) the difference between the totals of the credit and debit sides of an account

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