balance of trade
balance of trade
Definition of BALANCE OF TRADE
: the difference in value over a period of time between a country's imports and exports
First Known Use of BALANCE OF TRADE
1668
Learn More About BALANCE OF TRADE
Browse
Next Word in the Dictionary: balance piston
Previous Word in the Dictionary: balance of power
All Words Near: balance of trade
Previous Word in the Dictionary: balance of power
All Words Near: balance of trade
Seen & Heard 
What made you want to look up balance of trade? Please tell us where you read or heard it (including the quote, if possible).
