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Balance of trade   /bˈæləns əv treɪd/   Listen
Balance of trade

noun
1.
The difference in value over a period of time of a country's imports and exports of merchandise.  Synonyms: trade balance, trade gap, visible balance.






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"Balance of trade" Quotes from Famous Books



... after a temporary set-back on the first outbreak of hostilities, received a tremendous impetus from the pressing demand for Indian produce at rapidly increasing prices, and the lucrative development of many new as well as old industries and of natural resources too long neglected. The balance of trade which before the war had generally been slightly against India then shifted rapidly, and the scale turned heavily in her favour till the end of the war. The total value of the supplies of all sorts, foodstuffs, raw materials, and manufactured products, sent out from India to other parts of the ...
— India, Old and New • Sir Valentine Chirol

... Congress of Nations, and the United States of Europe would appear above the subsiding waters. The old juggle of Balance of Power, which has rested like a nightmare on Europe, would disappear, like that other less bloody fiction of Balance of Trade, and nations, like individuals, would all be equal before the law. Here our own country furnishes an illustration. So long as slavery prevailed among us, there was an attempt to preserve what was designated balance of power ...
— The Duel Between France and Germany • Charles Sumner

... commodities. Imports and exports vary with changing foreign trade balances. Large amounts of gold normally go to London, because Great Britain requires all gold produced in the colonies to be sent to England; but since England ordinarily has an unfavorable balance of trade, much of this gold is reexported. The United States up to a few years ago was also a debtor nation, and more gold was exported than was imported. During the war, however, this country became the greatest of the creditor nations and imports of gold, chiefly from Europe, ...
— The Economic Aspect of Geology • C. K. Leith

... for you, Mr. President, to say whether the whole nation shall be plunged into bankruptcy (the slaves were valued as property at two thousand million dollars!); whether the grass shall grow in the streets of our commercial cities." (The balance of trade against the South to the manufacturing and supplying North ...
— The Lincoln Story Book • Henry L. Williams

... the education which he had consummated, however ornate and refined, was not sufficient. That age of economical statesmanship which Lord Shelburne had predicted in 1787, when he demolished, in the House of Lords, Bishop Watson and the Balance of Trade, which Mr. Pitt had comprehended; and for which he was preparing the nation when the French Revolution diverted the public mind into a stronger and more turbulent current, was again impending, while the intervening ...
— Coningsby • Benjamin Disraeli



Words linked to "Balance of trade" :   balance



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