Topic: Trade Deficit

Camp: Agreement

Camp Statement
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A trade deficit occurs when a country's imports exceeds its exports. A trade deficit is not, however, a deficit in the way most people understand the term, as it does not represent a shortfall that creates or adds to existing debt. Since one side has purchased goods and services, both sides retain an equal amount of value.

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Current Topic Record

Topic Name : Trade Deficit
Namespace : /General/

Current Camp Record

Camp Name : Agreement
Keywords :
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