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What is trade deficit? [Copy link] 中文

Rank: 4

Post time 2004-4-9 09:26:07 |Display all floors
Who can tell me the specific meaning of trade deficit? For instance, the trade deficit between China and the USA.

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Post time 2004-4-9 09:34:34 |Display all floors

What is trade deficit?

To my knowledge, China used to have a trade surplus against US in recent yeas.

For instance,

if  China`s export to US valued at $100 whlie its import at $90,  then we possess a trade surplus of about $10.

Contrary,if we imported $100 commodities from US while exported only $90 freight, then the trade deficit is $10

note,it is only individual opinion :  )

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Post time 2004-4-9 10:52:40 |Display all floors

thanks

Seems that imports and exports unbalance, right?

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Post time 2004-4-9 11:48:35 |Display all floors

What is trade deficit?

Briefly, if import value > export value, we call it trade deficit.

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Rank: 6Rank: 6

Post time 2004-4-9 11:49:48 |Display all floors

贸易逆差

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Rank: 4

Post time 2004-4-9 20:33:20 |Display all floors

from grace's explanation^^^^^^^^

from Grace's explanation , i can see that trade surplus means贸易顺差
and trade deficit  is 贸易逆差

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