balance of trade

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  • noun

Synonyms for balance of trade

the difference in value over a period of time of a country's imports and exports of merchandise

References in periodicals archive ?
international investment position from the world's largest creditor country in 1980 to the world's largest debtor in 1990 resulted from a dramatic reversal in the U.S. trade balance. The United States had a trade surplus every year between 1900 and 1970, and a trade deficit every year since 1977.
trade, particularly imports, that the overall U.S. trade balance looks quite different when energy products are removed.
weekly jobless claims remaining high, but investors took cues from the improvement in the U.S. trade balance, with exports hitting a record high,'' said Tsuyoshi Segawa, equity strategist at Mizuho Securities Co.
To shed some light on this concern, we extended the analyses described above to compare the macroeconomic performance of the foreign industrial economies during periods of U.S. trade balance deterioration and adjustment.
Of course, a strengthening of the oil currencies (including not only the Gulf States, but also other Middle East countries and Russia) would not turn around the U.S. trade balance overnight.
In addition, GAO found that Ex-Im could clarify how it characterizes the effect of its financing on the U.S. trade balance. Finally, GAO found that Ex-Im could strengthen the internal controls it uses to ensure that the screening process and detailed analysis are conducted consistently and accurately.
The relationship between dollar depreciations and the U.S. trade balance has never been simple and clear-cut, because it depends critically on why the dollar depreciates.
trade deficit with Mexico in the automotive sector did rise dramatically--almost tripling in the first five years of NAFTA--but the bigger impact on the U.S. trade balance has been from other parts of the world.
The EPI stated, "Corporations, politicians and economists repeatedly claimed in the early 1990s that (NAFTA) would improve the U.S. trade balance with Mexico and Canada, resulting in a net gain of about 200,000 jobs in the United States.
That was demonstrated when President Reagan leveled the playing field via the Plaza Accord in 1985, and the U.S. trade balance direction reversed.
A Congressional Budget Office study showed that NAFTA had virtually no effect on the U.S. trade balance with Mexico, even after eight years.
economy of a revaluation of the yuan, which is pegged in a narrow band around 8.28 to the dollar, the brief envisages the U.S. trade balance improving by $3.6 billion in the first scenario.
In Figure 1, we plot the underlying deterioration trend in the U.S. trade balance, and along side it, we plot the underlying trend in net private foreign purchases of U.S.
It supplies most of the tactical vehicles to the British military, and the aerospace sector is the lone bright spot in the U.S. trade balance with the rest of the world.
The U.S. trade balance, defined as the excess of exports over imports, is also shown in these figures.