- trade gap
- nounthe difference in value over a period of time of a country's imports and exports of merchandise-
a nation's balance of trade is favorable when its exports exceed its imports
• Syn: ↑balance of trade, ↑trade balance, ↑visible balance• Hypernyms: ↑balance* * *
noun: the extent to which a country's imports during a period have exceeded its exports and have been obtained through gold shipments, the sale of foreign assets, or credit : an unfavorable balance of trade — compare dollar gap* * *
trade gap or trade deficit nounThe amount by which a country's visible imports exceed its visible exports in value• • •Main Entry: ↑trade* * *
a trade deficit* * *
trade gap,an unfavorable balance of trade; trade deficit.* * *
n. another term for trade deficit* * *
a situation in which the value of a country's imports is greater than the value of its exports
Useful english dictionary. 2012.