Search

What is another word for trade deficit?

Pronunciation: [tɹˈe͡ɪd dˈɛfɪsˌɪt] (IPA)

Trade deficit, which refers to the negative balance of trade, can be synonymous with several different phrases. Some possible alternatives include balance of payments deficit, commercial deficit, import excess, or import-heavy trade. Each of these phrases emphasizes a slightly different aspect of the overall trade imbalance, whether it's looking at the overall flow of goods and services, the commercial relationships between countries, or the relative levels of imports and exports. Regardless of the specific term used, trade deficits are generally seen as a negative economic indicator, as they suggest that a country is importing more goods and services than it is exporting.
Synonyms
Hypernyms
Hyponyms
Opposite words
Famous quotes
Infographic
Search

Synonyms for Trade deficit:

What are the hypernyms for Trade deficit?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

  • Other hypernyms:

    balance of trade, current account deficit, Trade Imbalance, merchandise deficit.

What are the hyponyms for Trade deficit?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

  • hyponyms for trade deficit (as nouns)

What are the opposite words for trade deficit?

The term "trade deficit" is used to describe a condition where a country's imports exceed its exports. Antonyms for trade deficit include trade surplus, balance of trade, and net exports. Trade surplus is the opposite of a trade deficit and occurs when a country's exports exceed its imports. A balance of trade is when a country's imports and exports are equal, and there is no deficit or surplus. Net exports refer to the value of a country's exports minus the value of its imports, which can result in a positive or negative number. These antonyms provide alternative ways to describe a country's trading relationships that do not involve a deficit.

Famous quotes with Trade deficit

  • We are on pace this year to have a trade deficit that is larger than $800 billion. We have never faced that before, but we continue to put forward trade agreements like these that leave us naked to competition that is neither free nor fair.
    Xavier Becerra
  • All those trucks and barges that carry our goods to port are vital connections to the only force which can balance our trade deficit: export. We must keep doing what we do best if we are going to get America out of the red.
    Jo Ann Emerson
  • America's largest trade deficit is with China, a nation that enjoys Permanent Normal Trade Relations with the U.S. and ties its currency to the dollar to make it a more competitive trading partner.
    Jo Ann Emerson
  • As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.
    Jo Ann Emerson
  • With a strong domestic economy, low national unemployment at 5 percent, and increasing retail sales, the picture should look rosy. But one look at the trade deficit changes all of that.
    Jo Ann Emerson

Word of the Day

Jaundice Obstructive Intrahepatic
Jaundice Obstructive Intrahepatic is a condition where there is a blockage in the bile ducts, leading to the buildup of bilirubin in the blood and yellowing of the skin and eyes. T...

Infographic

trade deficit, synonym trade deficit, another word for trade deficit, words like trade deficit, thesaurus trade deficit
Share this Image
Add the infographic to your website: