Longman Dictionary of Contemporary English homepage

Topic: ECONOMICS


trade deficit

noun
     
trade deficit also trade gap [countable]
PE the amount by which the value of what a country buys from abroad is more than the value of what it sells

Explore ECONOMICS Topic

balance sheet bankrupt(a) bankrupt(v) bankrupt(n) black market boom budget capitalism capitalist cartel commodity consumer consumer goods consumption demand developed diversify downturn economic economics economist economy embargo exchange expenditure fiscal floor free trade GDP goods gross domestic product import(n) import(v) importation importer inflation International Monetary Fund labour market laissez-faire market forces market value monetary outflow peg political economy price index privatization protect protective public service real recession refund slump socioeconomic squeeze(v) squeeze(n) staple stringent subsidy surplus trough trust

Show all entries from Topic: ECONOMICS
Word of the Day
The ECONOMICS
Word of the Day is:

Other related topics