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balance of trade

Word family
Related topics: Economics
ˌbalance of ˈtrade noun [singular]  
PEthe difference in value between the goods a country buys from abroad and the goods it sells abroad 贸易差额
Examples from the Corpus
From Longman Business Dictionary
balance of tradeˌbalance of ˈtrade noun [singular]ECONOMICS
1the part of a country’s balance of payments that relates to the value of goods and services imported and exportedSYN TRADE BALANCE
The overall balance of trade in the UK is improving as a result of the strong currency.
2the difference in the total value of imports and exports between two countries or areas
The US and Europe sell nearly $100 billion worth of goods and services a year to each other. For the moment, the balance of trade is in the US’s favor.
adverse balance of trade favourable balance of trade
ˌbalance of ˈtrade noun
Chinese
Syllable
Corpus

See also: balance of trade


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