DH Radio | Budget Explained: What is trade deficit?

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This is Budget Explained from DH Radio. Answering your frequently asked questions on Union Budget 2021. in this episode, we look at the concept of trade deficit. If a country imports more goods and services than it exports in a given period of time, then such a situation is called a trade deficit. A trade deficit is also known as a negative trade balance.

Tune in to know more about trade deficit...