Topic: ECONOMICS
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balance of trade [singular]
PE the difference in value between the goods a country buys from abroad and the goods it sells abroad
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Definition of balance of trade from the Longman Dictionary of Contemporary English within
the topic ECONOMICS Explore ECONOMICS Topic
balance sheet
bankrupt(a)
bankrupt(v)
bankrupt(n)
black market
boom
budget
capitalism
capitalist
cartel
commodity
consumer
consumer goods
consumption
demand
developed
diversify
downturn
economic
economics
economist
economy
embargo
exchange
expenditure
fiscal
floor
free trade
GDP
goods
gross domestic product
import(n)
import(v)
importation
importer
inflation
International Monetary Fund
labour market
laissez-faire
market forces
market value
monetary
outflow
peg
political economy
price index
privatization
protect
protective
public service
real
recession
refund
slump
socioeconomic
squeeze(v)
squeeze(n)
staple
stringent
subsidy
surplus
trough
trust
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