Die Handelsbilanz
Example: Die Handelsbilanz zeigt den Export und Import eines Landes.
Definition
"Die Handelsbilanz" refers to the balance of trade, which shows the difference between the value of a country's exports and imports over a specific period. It indicates whether a country has a trade surplus or deficit by comparing goods sent abroad and goods received.
Etymology
The term "die Handelsbilanz" comes from the German words 'Handel' meaning trade or commerce, and 'Bilanz' meaning balance or ledger. 'Bilanz' itself is derived from the Latin 'bilanx,' meaning 'having two scales,' referring to the accounting balance. Did you know that the concept of 'Bilanz' was originally used in bookkeeping to represent the balance of accounts, perfectly fitting the idea of trade balance?
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"Die Handelsbilanz" appears in the Vocaplus list "German - Management - (A1-C2) - set 1", containing 108 commonly used words.
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