What is the meaning of trade balance?

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"
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). trade balance. Retrieved September 20, 2026, from http://smartdefine.org/trade_balance/definitions/1316865
ChicagoWordNet. 2010. "trade balance" http://smartdefine.org/trade_balance/definitions/1316865 (accessed September 20, 2026).
HarvardWordNet 2010, trade balance, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/trade_balance/definitions/1316865>.
MLAWordNet. "trade balance" 23 October 2010. Web. 20 September 2026. <http://smartdefine.org/trade_balance/definitions/1316865>
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