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.
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What was the United States trade deficit with Iraq--the difference between the value of U.S.
Table 3 United States Trade Deficit Burden Consumption - Investment Dichotomy Average Share Net Exports/ Net-of-Investment Consumption Exports/Consumption (percent) (percent) 1982 1.0 0.5 1983 2.3 1.1 1984 4.1 2.1 1985 4.2 2.1 1986 4.6 2.3 1987 4.6 2.3 1988 3.2 1.6 1989 2.2 1.1 1990 1.9 0.9 1991 0.5 0.3 1992 0.7 0.4 1993 1.5 0.7 1994 2.0 1.0 1995 2.2 1.1
* Whereas acclaim for wine produced in the United States has grown internationally for many years and these products account for an increasing percentage of United States exports, helping to reduce the United States trade deficit;
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