5 Example Sentences Showcasing the Meaning of 'Balance Of Trade'
The fluctuating balance of trade can have significant implications for a nation's currency value.
Trade deficits and surpluses are components of the balance of trade that impact a country's economic standing.
Despite efforts to improve it, the balance of trade for the nation continued to show a deficit, raising concerns about economic stability.
The diplomat negotiated trade agreements with neighboring nations to ensure a more favorable balance of trade for their country.
The historical records revealed how mercantilist policies were implemented to maintain a positive balance of trade during the colonial era.
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