Học từ vựng | Vocabulary learning |balance of trade
balance of trade ()
/ˌbæləns əv ˈtreɪd/
/ˌbæləns əv ˈtreɪd/
the difference between the money that a country receives from exports and the money it spends on imports
Official figures yesterday showed the balance of trade in goods plunged to a record deficit.
Thus the key issue is that industrial output continue to rise and the balance of trade in manufactured goods be favourable.
The country's positive balance of trade, with exports exceeding imports, contributed to its economic growth and stability.
A negative balance of trade can lead to trade deficits, which can affect a nation's currency exchange rates and overall economic health.
Economists closely monitor the balance of trade to assess a nation's ability to compete in the global market and its trade relationships with other countries.
