Home > Term: balance of trade
balance of trade
The difference in value between the exports and the imports of a country, and said to be in favour of the country whose exports exceed in value the imports in that respect.
- Μέρος του λόγου: noun
- Κλάδος/Τομέας: Γλώσσα
- Category: Encyclopedias
- Organization: Project Gutenberg
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Δημιουργός
- JohannesDD
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(Sydney, Australia)