English Dictionary |
TRADE BALANCE
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Dictionary entry overview: What does trade balance mean?
• TRADE BALANCE (noun)
The noun TRADE BALANCE has 1 sense:
1. the difference in value over a period of time of a country's imports and exports of merchandise
Familiarity information: TRADE BALANCE used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
The difference in value over a period of time of a country's imports and exports of merchandise
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
balance of trade; trade balance; trade gap; visible balance
Context example:
a nation's balance of trade is favorable when its exports exceed its imports
Hypernyms ("trade balance" is a kind of...):
balance (the difference between the totals of the credit and debit sides of an account)
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