单词 | trade deficit |
释义 | trade deficit trade deficit (also trade gap) noun [C, usually sing.]
(Economics ) a situation in which the value of a country's imports is greater than the value of its exports; the amount by which the two values are different: a widening/worsening trade deficit The country posted a trade deficit of $1.5 billion in January. ⇨ BALANCE OF PAYMENTS, BALANCE OF TRADE, TRADE SURPLUS
❖ to post/run/suffer a trade deficit ◆ to cut/reduce a trade deficit |
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