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Term
trade balance
Description Imports less exports of goods (42, para. 2.166). The Trade Balance is the difference between exports and imports of goods. (16, Intro.)
Source United Nations, Commission of the European Communities, International Monetary Fund, Organisation for Economic Cooperation and Development and World Bank (United Nations and others, 1994). System of National Accounts 1993 (SNA 1993), Series F, No. 2, Rev. 4 (United Nations publication Sales No. E.94.XVII.4).
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