For example, if the value of imported items to the United States equaled $1 trillion last year, but the value of exported items from the United States equaled $750 billion, then the United States would have a negative $250 billionBOP, or a $250 billion trade deficit. Why Does a Trade...
A trade deficit occurs when a country'simportsexceed itsexports. A trade deficit is also referred to as a negative balance of trade (BOT). The balance can be calculated on different categories of transactions: goods (a.k.a., “merchandise”), services, goods and services. Balances are also...
Trade Deficit Further Defined You may be wondering what trade deficit really is. Well, trade deficit is when a country is importing, or receiving, more goods then it is exporting, or sending out. When this happens, a negative balance of trade occurs. Let's look at an example to better ...
1. free trade（自由贸易）- the removal of barriers and restrictions on the exchange of goods and services between countries Example: The government is committed to promoting free trade agreements with other nations.（政府致力于推动与其他国家的自由贸易协定。）2. trade deficit（贸易逆差）- the situa...
A trade deficit occurs when a country imports more than it exports. Trade deficits are neither inherently entirely good nor bad Very large deficits can negatively impact the economy. A trade deficit can be a sign of a strong economy and, under certain conditions, can lead to stronger economic...
The real challenge we continue to face is the high foreigntrade deficit. 我们继续面临的真正挑战是外贸逆差较高。 UN-2 The country faced a wideningtrade deficit, however, as imports outstripped exports. 但是,由于进口超过出口,尼泊尔面临着日益扩大的贸易逆差。
Example of Trade Deficit In the US, the Bureau of Economic Analysis (BEA), in collaboration with the United States census bureau and the US Department of Commerce, publishes the monthly data, lagged by 2 months, on the balance of trade. According to their data, the deficit in August 2019...
The meaning of TRADE DEFICIT is a situation in which a country buys more from other countries than it sells to other countries : the amount of money by which a country's imports are greater than its exports.
trade deficit with the world. Ken Roberts, Forbes, 19 Oct. 2024 China has become Russia’s top trade partner, offering a crucial lifeline to its heavily sanctioned economy, and the two nuclear-armed neighbors have ramped up joint military exercises in recent months. Nectar Gan, CNN, 18 Oct...
trade deficit Dictionary Thesaurus Legal Encyclopedia Wikipedia Unfavorable Balance of Trade Thedifferencebetweenthevalueof acountry'sexportsandthevalueofitsimportssuchthatimportsexceedexports.Analystsdisagreeontheimpact,ifany,of anunfavorablebalanceoftradeontheeconomy.Someeconomistsbelievethatanunfavorablebalanceoftrad...