Bible Encyclopedias
Balance of Trade

The Nuttall Encyclopedia

The difference in value between the exports and the imports of a country, and said to be in favour of the country whose exports exceed in value the imports in that respect.

Bibliography Information
Wood, James, ed. Entry for 'Balance of Trade'. The Nuttall Encyclopedia. https://www.studylight.org/​encyclopedias/​eng/​nut/​b/balance-of-trade.html. Frederick Warne & Co Ltd. London. 1900.