CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What is meant by trade deficit?

Open in App
Solution

The excess of imports of goods over exports of goods is known as trade deficit.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Inequality and Externality
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon