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Balance of trade
(redirected from Trade deficits)

   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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REFORMS LIKELY, BUT RELUCTANTLY This dead end of trade deficits, dependence on foreign food and a growing liquidity crisis may lead to some urgent and long-delayed reforms--no matter how reluctant the regime is to enact them.
The import decline shows how the US is passing on its demand weakness to the rest of the world," Gault said, citing the sharp fall in US trade deficits with major exporters like China, Germany, and Japan over the past 12 months amid weaking US import demand.
The import decline shows how the US is passing on its demand weakness to the rest of the world," Gault said, citing the sharp fall in US trade deficits with major exporters like China, Germany, and Japan over the past 12 months amid weaking US import demand.
 
 
 
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