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Balance of trade
(redirected from trade balance)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.02 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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Cyprus' trade balance dropped in August 2009, mainly due to the reduction of imports by 56 million euro, in comparison with the previous month.
Summary: JapanEoe1/4aos Merchandise Trade Balance surplus narrowed to 185.
 
 
 
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