trade gap (Meaning)
Wordnet
trade gap (n)
the difference in value over a period of time of a country's imports and exports of merchandise
Synonyms & Antonyms of trade gap
No Synonyms and anytonyms found
trade gap Sentence Examples
- The widening trade gap is a significant concern for the nation's economy.
- The trade gap increased due to a combination of factors, including a surge in imports.
- Governments implement policies to reduce the trade gap and balance trade flows.
- The trade gap can impact currency values and exchange rates.
- Reducing the trade gap can boost domestic production and job creation.
- A large trade gap can lead to a decline in the value of a country's currency.
- Countries with a trade deficit have a higher demand for foreign goods than they produce.
- Trade agreements aim to address trade gap imbalances and promote fair trade.
- The trade gap can be measured in terms of the difference between a country's exports and imports.
- Economic growth can be stifled if a country has a persistently large trade gap.
FAQs About the word trade gap
the difference in value over a period of time of a country's imports and exports of merchandise
No synonyms found.
No antonyms found.
The widening trade gap is a significant concern for the nation's economy.
The trade gap increased due to a combination of factors, including a surge in imports.
Governments implement policies to reduce the trade gap and balance trade flows.
The trade gap can impact currency values and exchange rates.