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Trade Deficit

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PPGPortal > Home > Concept Dictionary > T, U, V > Trade Deficit
 
Trade Deficit

If a country's imports exceed exports, that country is said to have a trade deficit.

(Dungan, Peter. Class Lecture.  PPG 1002H Microeconomics for Policy Analysis, University of Toronto School of Public Policy and Governance.)
     
Trade Deficit

If a country's imports exceed exports, that country is said to have a trade deficit.

(Dungan, Peter. Class Lecture.  PPG 1002H Microeconomics for Policy Analysis, University of Toronto School of Public Policy and Governance.)

Approved for glossaryposting by Ben Eisen on February 27, 2011


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