As may be noted, while the volume of total exports and imports increased in dollar terms over the period, the disparity between merchandise imports and exports widened in the later years.
Trade deficit
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Germany currently has a trade surplus. COOL HUH !
A trade deficit
visible trade deficit occurs when import expenditure exceeds the export revenue.
trade deficit occurs when? trade deficit occurs when?
Trade deficit
deficit
The USA has a trade deficit.
It has a surplus in trade of invisibles, and a deficit in trade of visibles.
Germany currently has a trade surplus. COOL HUH !
grew
A trade deficit
visible trade deficit occurs when import expenditure exceeds the export revenue.
their trade surplus
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
foreign trade deficit