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Trade Deficit
An economic condition that occurs when a country imports more goods and services than it exports.
Exports
Goods or services produced in one country and sold to buyers in another country, contributing to the selling country's economy.
Imports
Goods or services brought into one country from another for sale or use.
Trade Deficit
A situation in which a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.
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