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SAGE Social Science Thesaurus

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Concept information

Preferred term

trade balance  

Definition

  • The balance on the goods trade in a nation's current account is known as the balance of trade, or trade balance. The current account includes all international economic transactions with income or payment within the year; the goods trade records all transactions involving merchandise or goods. [Source: Encyclopedia of Business in Today's World; Trade Balance]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-KGF6JL5N-C

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