Define Foreign trade deficit

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter19: Financing International Trade
Section: Chapter Questions
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Define Foreign trade deficit

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Step 1: Introduction

 

Trade deficit occurs during international transactions between different countries. The trade deficit is a situation of exceeding a country’s imports more than its exports for a period of time. The deficit for goods and services are measured.

 

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