Plain-English definitions for the terms you'll encounter on your financial journey.
The difference between the value of a country's exports and the value of its imports for a given period.
An economic measure of a negative balance of trade in which a country's imports exceed its exports. This means the country is spending more on foreign trade than it is earning.
An economic measure of a positive balance of trade where a country's exports exceed its imports. It indicates that the country is a net seller on the global market.