trade deficit

Definitions

Accounting

• noun the difference in value between a country’s low exports and higher imports.

Economics

• noun a situation in which a country imports more than it exports and so pays out more in foreign currency than it earns.

Politics

• noun the amount by which a country imports more goods than it exports

Nearby Definitions of “trade deficit”

• trade complementarity index
• trade cost puzzle
• trade counter
• trade credit
• trade defense measure
• trade deficit
• Trade Descriptions Act
• trade directory
• trade discount
• trade dispute
• trade distortion

Contexts for “trade deficit”

3 definitions in context
• Accounting
• Economics
• Politics