The amount by which a country’s import trade with the dollar area exceeds the corresponding export trade.
- The problem is the city is facing a huge dollar gap of six billion dollars, the largest such deficit in its history as measured in dollars.
- The stage for this initiative had been set by the progressive elimination of the dollar gap - that is, of Europe's structural deficit in relation to the United States.
- Although the dollar gap did not disappear, inflation and unemployment decreased, and the plan successfully promoted European political stability under democratic institutions.
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