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



Next Word in the Dictionary: balance pistonPrevious Word in the Dictionary: balance of terrorAll Words Near: balance of trade
March 01, 2015
macaroni Hear it
Tube-shaped pasta or a fop or dandy
Take a 3-minute break and test your skills!
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears