Examlex
Figure B below displays a
U.S. Trade Deficit
The situation where the total value of goods and services imported by the United States exceeds the total value of its exports, reflecting a gap in trade balance.
Trade Surplus
A situation in which a country's exports exceed its imports during a specific period of time.
Rate Of Exchange
The worth of one currency when converted into another.
Pound
The currency unit of the United Kingdom, also known as the pound sterling, symbolized by £.
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