Balance Of Trade

Business, Legal & Accounting Glossary

Definition: Balance Of Trade


Balance Of Trade


Full Definition of Balance Of Trade


A country’s exports minus its imports; the largest component of a country’s balance of payments.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/balance-of-trade/
Modern Language Association (MLA):
Balance Of Trade. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 02, 2021 https://payrollheaven.com/define/balance-of-trade/.
Chicago Manual of Style (CMS):
Balance Of Trade. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/balance-of-trade/ (accessed: December 02, 2021).
American Psychological Association (APA):
Balance Of Trade. PayrollHeaven.com. Retrieved December 02, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/balance-of-trade/

Definition Sources


Definitions for Balance Of Trade are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.