Examlex
International Trade Deficit
A situation that occurs when a country imports more goods and services than it exports, leading to a negative balance of trade.
Trade Surplus
A situation where a country's exports exceed its imports, leading to a positive balance of trade.
Services
Intangible products or activities provided by one party to another, often involving a time-based performance to meet needs or bring benefits to recipients.
Canadian Dollar
The currency of Canada, represented by the symbol CAD or simply $ within Canada.
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