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trade deficit
US
UK
noun
plural ~ -cits
[count] finance :a situation in which a country buys more from other countries than it sells to other countries :the amount of money by which a country's imports are greater than its exports
We
have
an
annual
trade
deficit
of
$6.2
billion
. -
called
also
(
Brit
)
trade
gap
, -
opposite
trade
surplus