Advanced as in balance of payments A term used in the context of balance of trade, referring to the difference between the value of a country's exports and imports. Clear All
3 Example Sentences Showcasing the Meaning of 'Trade Gap'
The trade gap widened as the country imported more goods than it exported, leading to economic concerns.
The trade gap report showed a significant deficit, prompting discussions among policymakers on strategies for improvement.
In the global market, a trade gap can impact a nation's currency exchange rates.
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