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Home > Terms > Spanish, Latin American (XL) > balanza comercial
balanza comercial
The difference in value between a country’s merchandise imports and exports in a specified period. A country’s balance of trade is only one factor — though an important one — in its balance of payments.
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- Part of Speech: noun
- Synonym(s):
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- Industry/Domain: Agriculture
- Category: Agricultural programs & laws
- Company: USDA
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