Canada Merchandise Trade slides to Deficit for February 2017
Trade Deficit Gabrielle
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WHAT IS A TRADE DEFICIT? An economic measure of a negative balance of trade in which a country’s imports exceeds its exports. A trade deficit represents an outflows of domestic currency to foreign markets. However , a deficit has been reported and growing in the United States for the past decades.
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Transcript of Trade Deficit Gabrielle
WHAT IS A TRADE DEFICIT?
An economic measure of a negative
balance of trade in which a
country’s imports exceeds its
exports. A trade deficit represents
an outflows of domestic currency to
foreign markets.
However , a deficit has been
reported and growing in the United
States for the past decades.