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balance of trade       LUcat Search catalogue 294900098

Scope note
The difference in value between a country's imports and exports of goods/services over a given period. One of the major components of the balance of payments.

Used for
trade balance
visible balance

Broader terms
balance of payments

Related terms
exports
imports
international trade
terms of trade

Subject category
15.02 INTERNATIONAL TRADE

Indexing history
Added 2006. For publications indexed before 2006, see terms of trade.



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