trade deficit

Popular Terms
Excess of a nation's imports of goods (tangibles) over its export of goods during a financial year, resulting in a negative balance of trade. Opposite of trade surplus. See also balance of payments.

Use 'trade deficit' in a Sentence

Some countries buy more goods than they sell causing a trade deficit, in other words, they spend more than they earn.
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Some nations end up operating at a trade deficit for a given year and spend more money than they are bringing in.
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Sometimes you may end up trading to much of one thing for another and having a trade deficit that you will need to make up for.
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