An economic measure of a negative balance of trade in which a country's imports exceeds its exports. A trade deficit represents an outflow of domestic currency to foreign markets.
Thursday, January 3, 2013
Definition of 'Trade Deficit'
An economic measure of a negative balance of trade in which a country's imports exceeds its exports. A trade deficit represents an outflow of domestic currency to foreign markets.
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment