Meaning of the word "trade balance" in English
What does "trade balance" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
trade balance
US /ˈtreɪd ˈbæləns/
UK /ˈtreɪd ˈbæləns/
Noun
the difference between the monetary value of a nation's exports and imports over a certain period
Example:
•
The country reported a positive trade balance for the third consecutive quarter.
•
A large deficit in the trade balance can indicate economic problems.
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