Balance of Trade

Definition - What does Balance of Trade mean?

The net flow of goods into or out of a country for a given period. Net exports result in a surplus or credit net exports result in a deficit or net debit.

Testopedia explains Balance of Trade

Connect with us

Testopedia on Linkedin
Testopedia on Linkedin
Tweat www.testopedia.com
"Testopedia" on Twitter


'@Testopedia'
Sign up for Testopedia's Free Newsletter!