Definitions
There is 1 meaning of the phrase
Balance Of Trade.
Balance Of Trade - as a noun
The difference in value over a period of time of a country's imports and exports of merchandise
Example: "A nation's balance of trade is favorable when its exports exceed its imports"
Synonyms (Exact Relations)
trade balancetrade gapvisible balanceExample Sentences
"The country experienced a favorable balance of trade last year."
"The government is taking measures to improve the balance of trade."
"A negative balance of trade can lead to economic instability."
"The balance of trade between the two countries has been declining."
"Trade deficits can negatively impact the balance of trade."
