trade deficit; adverse balance
Tone colorsmāmámǎmàma
Meanings
1 sense · 3 examplesnoun
trade deficit; adverse balance of trade (where imports exceed exports)
formalTechnical term used in economics and international trade. Always implies a negative balance where money flows out more than it comes in. The opposite is 顺差 (trade surplus).
Měi美
guó国
duì对
Zhōng中
guó国
cún存
zài在
jù巨
é额
mào贸
yì易
nì逆
chā差
。
The United States has a huge trade deficit with China.
Jīn今
nián年
gāi该
guó国
de的
nì逆
chā差
bǐ比
wǎng往
nián年
jiǎn减
shǎo少
le了
xǔ许
duō多
。
This year the country's trade deficit has decreased significantly compared to previous years.
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Chí持
xù续
de的
guó国
jì际
shōu收
zhī支
nì逆
chā差
huì会
yǐng影
xiǎng响
huò货
bì币
huì汇
lǜ率
。
A persistent balance of payments deficit will affect currency exchange rates.