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balance of trade

Noun CEFR C1

Definitions

The difference between the monetary value of exports and imports in an economy over a certain period of time.

uncountable, usually

Equivalents

12 more languages

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
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See also

balance room balance sheet balance sheet equation balance transfer balance weight balance wheel

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