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balance of trade is a noun meaning "the difference in value over a period of time of a country's imports and exports of merchandise". It carries one recorded sense.
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”
Definitions, synonyms and semantic relations for balance of trade come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.