Definition of Balance of trade

Babylon English
balance of trade
equality of trade between two countries (or states, etc.)

Search Dictionary:
Search Web Search Dictionary



Balance of Trade definition was found in categories: Business & Finance(4)  Language, Idioms & Slang(2)  Sports(1)  Encyclopedia(1)  

Balance of Trade Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
Balance of trade
Net flow of goods (exports minus imports) between countries.

MONASH Marketing Dictionary
Balance of Trade
the difference between the value of the goods and services sold to foreign nations (exports) and the value of the goods and services bought from foreign nations (imports) in a given period.

BTS Transportation Expressions
Balance of Trade
The difference between a country's total imports and exports; if the exports exceed the imports, a "favorable" balance of trade exists. (TNDOT1)

Raynet Business & Marketing Glossary
Balance of Trade
a country's exports minus its imports; the largest component of a country's balance of payments.


Balance of Trade Definition from Language, Idioms & Slang Dictionaries & Glossaries

WordNet 2.0
balance of trade

Noun
1. 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"
(synonym) trade balance, visible balance, trade gap
(hypernym) balance

hEnglish - advanced version
balance of trade

balance of trade
n : 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 ]


balance of trade
(pol. econ.), an equilibrium between the money values of the exports and imports of a country; or more commonly, the amount required on one side or the other to make such an equilibrium...
see balance



Balance of Trade Definition from Sports Dictionaries & Glossaries

maritime&shipping&trade
Balance of Trade
The difference between a country's imports and exports


Balance of Trade Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Balance of trade
The balance of trade (or net exports, sometimes symbolized as NX) is the difference between the monetary value of exports and imports in an economy over a certain period of time. A positive balance of trade is known as a trade surplus and consists of exporting more than is imported; a negative balance of trade is known as a trade deficit or, informally, a trade gap. The balance of trade is sometimes divided into a goods and a services balance; especially in the United Kingdom the terms visible and invisible balance are used.

See more at Wikipedia.org...