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Balance of trade
(redirected from trade deficit)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

BALANCE OF TRADE, Com. law. The difference between the exports and importations, between two countries. The balance of trade is against that country which has imported more than it has exported, for which it is debtor to the other country.



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The US trade deficit widened more than expected in September although import prices increased less than expected, suggesting that inflation in remaining steady.
Surging imports pushed up the US trade deficit by a hefty 18 percent in September, official data showed Friday in a sign of improving trade flows and a healing global economy.
Surging imports pushed up the US trade deficit by a hefty 18 percent in September, official data showed Friday in a sign of improving trade flows and a healing global economy.
 
 
 
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