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trade deficit

 - 2 dictionary results
Trade Deficit Concerns?
The Merk Hard Currency Fund: A Basket of Hard Currencies.
MerkFunds.com/TradeDeficit
Cultural Dictionary

trade deficit

The condition that exists when the value of what a country imports exceeds the value of what it exports; also called an unfavorable balance of trade.

Note: Trade deficits, because they imply that capital is leaving a country, can cause higher interest rates.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source
Trade Deficit Concerns?
The Merk Hard Currency Fund: A Basket of Hard Currencies.
MerkFunds.com/TradeDeficit
Financial Dictionary

trade deficit

The amount of goods and services that a country imports that is in excess of the amount of goods and services it exports. Large trade deficits may result in unemployment and a reduction in economic growth in the country with the deficit. Compare trade surplus.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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