Definition of trade deficit in English:

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trade deficit

Pronunciation:

noun

The amount by which the cost of a country’s imports exceeds the value of its exports.
Example sentences
  • The balance of payments deficit now includes a trade deficit, which was not the case forty years ago.
  • Despite a falling dollar, the U.S. trade deficit has continued to increase to new record levels.
  • Just to define the terms a little bit, the trade deficit is the excess of our imports of goods over our exports of goods.
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