balance of trade Antonyms
No Synonyms and anytonyms found
Meaning of balance of trade
Wordnet
balance of trade (n)
the difference in value over a period of time of a country's imports and exports of merchandise
balance of trade Sentence Examples
- The balance of trade affects a country's economic health and stability.
- Positive balance of trade indicates more exports than imports, contributing to economic growth.
- Negative balance of trade shows more imports than exports, potentially leading to trade deficits.
- Managing the balance of trade involves implementing policies to promote exports and reduce imports.
- Tariffs, quotas, and subsidies can influence the balance of trade by restricting or incentivizing certain goods.
- Exchange rates play a crucial role in determining the competitiveness of exports and the attractiveness of imports.
- Countries aim to maintain a balanced trade relationship to avoid excessive trade imbalances.
- Monitoring the balance of trade allows governments to identify potential vulnerabilities or opportunities.
- Fiscal and monetary policies can be used to influence the balance of trade, such as adjusting interest rates or government spending.
- Free trade agreements can foster increased trade and potentially improve the balance of trade for participating countries.
FAQs About the word balance of trade
the difference in value over a period of time of a country's imports and exports of merchandise
No synonyms found.
No antonyms found.
The balance of trade affects a country's economic health and stability.
Positive balance of trade indicates more exports than imports, contributing to economic growth.
Negative balance of trade shows more imports than exports, potentially leading to trade deficits.
Managing the balance of trade involves implementing policies to promote exports and reduce imports.
