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Balance of trade definition is - the difference in value over a period of time between a country's imports and exports. 07/04/2015 · The balance of trade is the difference between the value of a country's imports and exports for a given period. The balance of trade is the largest component of a country's balance of payments. Economists use the BOT to measure the relative strength of a country's economy. The balance of trade. Trade balance definition is - balance of trade. How It Works. When a country imports more than it exports, the resulting negative number is called a trade deficit.

Trade balance definition: a country's trade balance is the difference in value, over a period of time, between the. Meaning, pronunciation, translations and examples. 11/12/2019 · A country's exports minus its imports; the largest component of a country's balance of payments. also called balance of trade. “ The trade balance was something we all needed to think about because it was important to our overall safety as a business. 28/11/2017 · Definition trade balance: The balance of trade measures net exports of goods and services NX. It is the value of exports - the value of imports. It forms the major component of the current account, although it ignores international investment flows and current transfers. The balance of trade.

Define balance of trade. balance of trade synonyms, balance of trade pronunciation, balance of trade translation,. balance of trade; balance out; balance pipe; balance routine; Balance rudder; balance sheet; balance station zero; Balance thermometer; Balance valve; balance weight; balance wheel. Balance of trade definition, the difference between the values of exports and imports of a country, said to be favorable or unfavorable as exports are greater or less than imports. See more. The balance of trade, commercial balance, or net exports sometimes symbolized as NX, is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services. 29/07/2015 · A trade deficit occurs when a country's imports exceed its exports. It is an economic measure used in the field of international trade. A trade deficit is not necessarily detrimental, because it often corrects itself over time. However, a trade deficit may lead to fewer jobs. traducir trade balance: balanza comercial. Más información en el diccionario inglés-español.

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