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Financial Terms

Domestic Trade Deficit

In the field of finance, we often come across the term "Domestic Trade Deficit". This concept refers to a situation where a country's imports exceed its exports, resulting in a negative balance of trade. As a consequence, the country's domestic currency flows out to foreign markets. This can have significant economic implications, and understanding this concept is crucial for any finance professional. So, let's delve deeper into the intricacies of Domestic Trade Deficit.
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