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balance of trade

noun
🔊/ˌbæləns əv ˈtreɪd/
🔊/ˌbæləns əv ˈtreɪd/
(also trade balance)
[singular]
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  1. the difference in value between imports and exports国际贸易差额
    • a balance-of-trade deficit (= when a country spends more on imports than it earns from exports)国际贸易逆差