Trade Surplus
/ˈtreɪd ˈsɜːrpləs/
Definitions
- (n.) A favorable balance of trade in which a country's exports exceed its imports over a specific period.
The nation's trade surplus increased significantly due to rising demand for its manufactured goods.
Forms
- trade surplus
Related terms
See also
Commentary
In legal contexts, trade surplus figures may influence international trade agreements, tariffs, and regulatory policies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.