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Balance of trade
(redirected from Trade Balances)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

BALANCE OF TRADE, Com. law. The difference between the exports and importations, between two countries. The balance of trade is against that country which has imported more than it has exported, for which it is debtor to the other country.



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Deficit trade balances means that money is flowing out of the country to purchase foreign-made goods and this may have a devaluing effect on the currency.
Invoking various oligopolistic scenarios, Barros and Cabral (1994), Head and Ries (1997), Levinsohn (1997), Sorgard (1997), Yano (2001), and Zhang and Chen (2002)--all find positive (negative) trade balances to conditionally favor more lenient (strict) domestic merger policy.
The Finance Ministry announced the figures earlier Monday along with Japan's trade balances with other regions and with the rest of the world.
 
 
 
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