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balance of trade

The correct spelling is balance of trade.

How to pronounce balance of trade

noun

Say it like: Bal-ans-e o-f t-rad-e

The correct spelling is balance of trade. The difference between the monetary value of exports and imports in an economy over a certain period of time.

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Definition

noun

  1. 1.The difference between the monetary value of exports and imports in an economy over a certain period of time.

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