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Balance of trade |
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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. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The trade balance shows exports to China rising among Latin America's largest economies. That's relatively unusual, and a huge amount of that trade balance is in one area: vehicles. While forecast imports were also revised up, the positive trade balance for ag is now put at $2 billion for the year ending |
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