One of the mysteries of the English language finally explained.
The amount by which the cost of a country's imports exceeds the value of its exports.
- ‘I'm not at all worried about the budget or the dollar or the trade deficit or any of that stuff.’
- ‘Another is our exploding trade deficit and the rising export of American wealth overseas.’
- ‘The balance of payments deficit now includes a trade deficit, which was not the case forty years ago.’
- ‘Conversely, the trade deficit itself might be contributing to the productivity boom.’
- ‘In years long past the trade deficit would rise and fall with the value of the dollar in a natural rhythm.’
- ‘It is not just a trade deficit as a result of imports growing faster than exports.’
- ‘Despite a falling dollar, the U.S. trade deficit has continued to increase to new record levels.’
- ‘The dollar has depreciated largely because of the size of the US trade deficit.’
- ‘The higher trade deficit, which may emerge from rising crude oil prices, is also manageable.’
- ‘The trade deficit has been a thorn in the side of the U.S. economy for the past seven years.’
- ‘With a trade deficit of $1 billion a day, it was clear that the US was living beyond its means.’
- ‘A bilateral trade deficit is what you spend with a particular trading partner, less what you earn from them.’
- ‘Thus they ultimately contribute to growing budget and trade deficit and foreign debt.’
- ‘He believes that as the trade deficit increases the dollar will continue to slide.’
- ‘Here is a question, the American's run a huge trade deficit and the dollar is strong.’
- ‘Today, by contrast, the current account deficit is larger than the trade deficit.’
- ‘If exports exceed imports, there is a trade surplus and if imports exceed exports, there is a trade deficit.’
- ‘I know I should be really worried about the trade deficit and consumer debt.’
- ‘Yet the trade deficit is a misleading gauge of the nation's economic health.’
- ‘Just to define the terms a little bit, the trade deficit is the excess of our imports of goods over our exports of goods.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.