Dictionary Workbench Ondict

balance of trade

Dictionary entry view. Switch to definition mode above when you know the meaning but not the word.

balance of trade

Longman Dictionary of Contemporary English 5++朗文当代英语 5++LDOCE 5++朗文 5++
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
balance of tradeAnd the way to accumulate it was to maintain a favorable balance of trade.This is balance of trade improving for those countries that supply other member countries with diverted imports.Also, the pressure on interest rates has been down and the balance of trade has shifted into surplus.For each individual country in the union however the balance of trade deteriorates on the import side.Trade creation induces a rise in imports and hence induces a deficit in the balance of trade.This leads to an improvement in the balance of trade of union members.The balance of trade showed a deficit in 1988 of US$699,300,000.The balance of trade with the Soviet Union is to be paid in dollars, though loans are promised to cover that.
From Longman Business Dictionarybalance of tradeˌbalance of ˈtrade noun [singular]ECONOMICS1the part of a country’s balance of payments that relates to the value of goods and services imported and exportedSYN TRADE BALANCEThe 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 areasThe 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 nounChineseSyllable
between a the country value Corpus Business difference in goods buys the


balance of trade
ˌbalance of ˈtrade noun [singular]
the difference in value between the goods a country buys from abroad and the goods it sells abroad


balance of tradeBrE /ˌbæləns əv ˈtreɪd/ 🔊NAmE /ˌbæləns əv ˈtreɪd/ 🔊 (also ˈtrade balance) noun [singular] the difference in value between imports and exports 国际贸易差额a balance-of-trade deficit (= when a country spends more on imports than it earns from exports) 国际贸易逆差