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balance of trade
1 ENTRIES FOUND:
balance of trade noun
balance of trade
noun
Learner's definition of BALANCE OF TRADE
[singular]
: the difference between the amount of money that a country spends on its imports and the amount that it earns from its exports国际贸易差额
- Each nation tries to maintain a favorable balance of trade with other countries. [=they try to earn more from their exports than they spend on their imports]每个国家都尽力同其他国家保持贸易顺差。
balance of trade
noun phrase
: the difference in value over a period of time between a country's imports and exports
Word History
First Known Use
1668, in the meaning defined above
Time Traveler
The first known use of balance of trade was in 1668 👨🏻🏫 Mr. Ng 韋氏詞典 📚 – mw.mister5️⃣.net
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