noun
- The difference in value over a period of time of a country's imports and exports of merchandise.
- usage: "a nation's balance of trade is favorable when its exports exceed its imports"
- synonyms: trade balance, visible balance, trade gap
WordNet 3.0 © 2006 by Princeton University
| APA | WordNet. (2010). balance of trade. Retrieved September 20, 2026, from http://smartdefine.org/balance_of_trade/definitions/1243141 |
| Chicago | WordNet. 2010. "balance of trade" http://smartdefine.org/balance_of_trade/definitions/1243141 (accessed September 20, 2026). |
| Harvard | WordNet 2010, balance of trade, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/balance_of_trade/definitions/1243141>. |
| MLA | WordNet. "balance of trade" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/balance_of_trade/definitions/1243141> |