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Bible Encyclopedias

The Nuttall Encyclopedia

Balance of Trade

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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.


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Public Domain.

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

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