[{"data":1,"prerenderedAt":58},["ShallowReactive",2],{"term:trade-deficit":3},{"term":4,"related":45},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":31,"navigation":32,"path":33,"related":34,"seo":38,"stem":39,"takeaways":40,"__hash__":44},"terms\u002Fterms\u002Ftrade-deficit.md","Trade Deficit",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-trade-deficit","Understanding Trade Deficit",[16,17,18],"p",{},"A trade deficit means a country buys more from abroad than it sells. It is matched by foreign investment flowing in, such as foreigners buying the country's bonds, shares, or property.",[16,20,21],{},"Trade balances reflect saving and investment: a country that invests more than it saves will tend to run a deficit. A deficit can be healthy if it funds productive investment, or a concern if it funds consumption with unstable borrowing.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"economy","When a country imports more goods and services than it exports.","md",[],{},true,"\u002Fterms\u002Ftrade-deficit",[35,36,37],"exchange-rate","comparative-advantage","gdp",{"title":6,"description":28},"terms\u002Ftrade-deficit",[41,42,43],"A trade deficit means imports exceed exports.","It is financed by inflows of foreign investment.","It is not, by itself, a sign of economic weakness.","xReVX7O1IiFKWUi4Zz0nFCXMtWNpsVFk134NcrEaBaQ",[46,50,54],{"title":47,"description":48,"path":49},"Comparative Advantage","The ability to produce something at a lower opportunity cost than others.","\u002Fterms\u002Fcomparative-advantage",{"title":51,"description":52,"path":53},"Exchange Rate","The price of one currency expressed in another.","\u002Fterms\u002Fexchange-rate",{"title":55,"description":56,"path":57},"Gross Domestic Product (GDP)","The total value of goods and services produced in a country over a period.","\u002Fterms\u002Fgdp",1793374006120]