Definition of «trade deficit»

A trade deficit occurs when a country imports more goods and services than it exports. This means that the value of the imported products is greater than the value of the exported ones, resulting in an overall loss of wealth for the importing nation.

Phrases with «trade deficit»

large trade deficits
bilateral trade deficits
massive trade deficit
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Sentences with «trade deficit»

That was dropped and the latest tax policies seem to abandon much of the strong mechanism for reducing trade deficits with policies that increase the fiscal deficit and thus capital account surplus. (carnegieendowment.org)
Also, the overall trade deficit in Q2 was revised to be much smaller compared to Q1, which may lead to a possible upward revision for Q2 GDP growth. (babypips.com)
Larger budget deficits would mean larger trade deficits with the attendant costs and less space for government to respond to the next recession. (larrysummers.com)
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Definition of «trade deficit»

Phrases with «trade deficit»

Sentences with «trade deficit»

See also