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.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.

References in periodicals archive ?

trade deficit reached its highest sum ever last year, defying President Donald Trump's efforts and promises to shrink it through his economic policies.

What the record trade gap means Analysis: Didn't tariffs help? How am I affected?

Nations run trade deficits when their spending on consumption and investment, both private and public, exceeds the value of goods and services they produce.

For US trade, deficits do not represent the full problem

In short, trade deficits mean that international capital markets are working the way they should.

Why Trade Deficits Aren't So Bad

News on Thursday of the worsening trade deficit came as the United States and China were embroiled in tit-for-tat tariffs which escalated trade war fears and rattled financial markets.

US trade deficit rises to near 9-1/2-year high in February

It is possible that the reported trade deficit will narrow even as the true trade deficit widens.

Trump's tax law will only widen the U.S. trade deficit

The average price for imported oil in 2011 was a record high $99.78 per barrel The record trade deficit last year with China is certain to reinforce concerns in Congress about Beijing's currency and trade practice ahead of a meeting next week between Obama and the Asian giant's expected next leader, Vice President Xi Jinping.

US Dec trade gap widens; 2011 China gap hits record

Especially if oil prices, now past $70 a barrel, continue to rise, the trade deficit will become even more insensitive to changes in the dollar's value.

Why deficits matter: and why the coming soft dollar policy is no solution to America's huge imbalances

The growing trade deficit of the United States is indefensible.

Fair trade, anyone? A Nucor executive offers his thoughts on the merits of and hindrances to free trade

trade deficit goes a long way towards explaining the vigorous global recovery that is now underway.

The retail stake in trade

To finance the trade deficit, the United States requires a steady

The retail stake in trade: sometimes the best strategy when confronted by a yawning trade deficit is to do nothing

goods trade deficit with China grew by approximately 15 percent in April to $12 billion, from $10.4 billion in March.

Trade deficit, imports hit record highs

Chancellor Gordon Brown has come under fire following new figures which showed a record trade deficit.