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VISIBLE BALANCE
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
The difference in value over a period of time of a country's imports and exports of merchandise
Example:
a nation's balance of trade is favorable when its exports exceed its imports
Synonyms:
balance of trade; trade balance; trade gap; visible balance
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("visible balance" is a kind of...):
balance (the difference between the totals of the credit and debit sides of an account)