What does trade deficit mean?
Definitions for trade deficit
trade deficit
This dictionary definitions page includes all the possible meanings, example usage and translations of the word trade deficit.
Princeton's WordNet
trade deficitnoun
an excess of imports over exports
Wiktionary
trade deficitnoun
A negative balance of trade.
ChatGPT
trade deficit
A trade deficit is an economic measure of international trade where a country's imports exceed its exports. It is an economic situation that typically indicates a country is spending more on imported goods and services than it is earning from its exports. Also known as a negative balance of trade (BOT), a trade deficit can lead to job losses in industries impacted by foreign competition, but it can also indicate a strong economy that can afford to buy more than it sells.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of trade deficit in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of trade deficit in Pythagorean Numerology is: 5
Examples of trade deficit in a Sentence
We’re going to get these bad trade deals straightened out, the jobs and wealth have been stripped from our country, year after year, decade after decade, trade deficit upon trade deficit reaching more than $ 700 billion last year alone and lots of jobs.
We appreciate very much that you're reducing the trade deficit with the United States, which was very substantial before I got here, and now where we're bringing it down with great orders like the orders that you made today.
It's the value of production within the physical borders of the United States, so therefore if you have, hypothetically, exports that are flat and higher imports, then your trade deficit is rising. In that sense, a rising trade deficit subtracts from GDP, when you have highly fluctuating commodity prices, and especially in periods of high inflation in general, then it can be misleading and, in my opinion, paint an overly negative view of where The US economy is.
It was something of a one-two punch between the trade-deficit report and higher interest rates that began overseas.
Long-term we think that coal will be part of the solution, with China buying U.S. coal to offset the trade deficit.
Translations for trade deficit
From our Multilingual Translation Dictionary
Get even more translations for trade deficit »
Translation
Find a translation for the trade deficit definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"trade deficit." Definitions.net. STANDS4 LLC, 2024. Web. 5 Jun 2024. <https://www.definitions.net/definition/trade+deficit>.
Discuss these trade deficit definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In