Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z 

Trade deficit

Trade deficit Definition

A trade deficit is when a countries imports are greater than its exports. When a country has a trade deficit it is said to have a negative balance of trade. It is the opposite of a trade surplus. Since the 1970s the United States has posted a trade deficit.

RELATED TERMS
Balance of trade
Exports
Imports
Trade surplus
RELATED CATEGORIES
Economy







Ask a Question

Learn the famous formula for money-making, based upon the THIRTEEN PROVEN STEPS TO RICHES! Get your FREE Copy & Instant Access to Think and Grow Rich by Napoleon Hill just by signing up.
 
   
Newsletter cover
Browse:  #  A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z