tradedeficit

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Trade Deficits

Trade Deficits happen when the value of a country's imports exceeds the value of its exports. The imports and exports include goods, physical products, and services. 

It's not inherently good or bad but trade deficits can actually be a sign of a strong economy and under certain conditions could lead to stronger economic growth for the deficit-running country in the future.

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Pros and Cons of a Trade Deficit

investopedia.com

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