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Definition of trade balance noun from the Oxford Advanced Learner's Dictionary

trade balance

noun

/ˈtreɪd bæləns/

/ˈtreɪd bæləns/

(also balance of trade)

[singular]

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the difference in value between imports and exports

See trade balance in the Oxford Advanced American DictionarySee trade balance in the Oxford Learner's Dictionary of Academic English

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B2

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