Visible Balance (Noun)
Meaning
The difference in value over a period of time of a country's imports and exports of merchandise; "a nation's balance of trade is favorable when its exports exceed its imports".
Classification
Nouns denoting possession and transfer of possession.
Examples
- The country's visible balance showed a significant deficit due to the increased imports of electronics and machinery.
- A favorable visible balance is often seen as an indicator of a country's economic strength and competitiveness.
- The government implemented trade policies aimed at improving the visible balance and reducing reliance on foreign goods.
- The visible balance of trade is just one aspect of a country's overall balance of payments, which also includes invisible trade and capital flows.
- A country's visible balance can be influenced by factors such as global demand, exchange rates, and trade agreements with other nations.