Difference between revisions of "Trade deficit"
(Created page with "Trade deficit is a phenomenon that occurs when a country imports more goods from abroad than it exports. ==Definitions== According to Financial Management Theory and P...") |
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Trade deficit]]. Occurs when a country imports more goods from abroad than it exports. | :[[Trade deficit]]. Occurs when a country imports more goods from abroad than it exports. | ||
| + | According to [[Principles of Economics by Timothy Taylor (3rd edition)]], | ||
| + | :[[Trade deficit]]. When [[imports]] exceed [[exports]]. | ||
==Related concepts== | ==Related concepts== | ||
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*[[Introduction to Financial Management]]. | *[[Introduction to Financial Management]]. | ||
| − | [[Category: Financial Management]][[Category: Articles]] | + | [[Category: Economics]][[Category: Financial Management]][[Category: Articles]] |
Latest revision as of 11:25, 1 June 2020
Trade deficit is a phenomenon that occurs when a country imports more goods from abroad than it exports.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Trade deficit. Occurs when a country imports more goods from abroad than it exports.
According to Principles of Economics by Timothy Taylor (3rd edition),
- Trade deficit. When imports exceed exports.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
