Value of a country's imports exceeding the value of its exports. The United States has had an unfavorable balance of trade since the mid-1970s.
| Business Dictionary: Unfavorable Balance of Trade |
Value of a country's imports exceeding the value of its exports. The United States has had an unfavorable balance of trade since the mid-1970s.
| 5min Related Video: Unfavorable Balance of Trade |
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