the amount of goods and services that a country imports, minus the goods and services that it exports *in a calendar year*. In 1999 Japan exported much more than it imported, so it had a trade surplus. The same year, the United States imported more than it exported, and therefore had a large trade deficit.
While Japan had a trade surplus and the USA had a trade deficit, both had something called a trade balance, which was negative for the USA and positive for Japan.
While Japan had a trade surplus and the USA had a trade deficit, both had something called a trade balance, which was negative for the USA and positive for Japan.
During economic downturns, political leaders become very concerned if their country is running a trade deficit, because it means that jobs are being lost to business overseas.
by Abu Yahya February 14, 2009
Get the trade deficit mug.Made popular through the song "Superstar Tradesman" by the Scottish band The View, a Superstar Tradesman is one of the less than bright or unruly kids who left school at 16 to become an electrician/plumber/mechanic. Now earning more money than people of equal I.Q who left school and work in call centres, he gets drunk and coked out his head every Friday and Saturday night at his local, ALWAYS stands at the bar,talks loudly and wears those brown boots that you can't seem to buy in shops. Liable to kick off at any point.
"That cunt who was in our year just bought me and 6 other guys at the bar a round of shots, must be doing not bad for himself." "Yeah. Thick as shit though. Superstar Tradesman."
by TheViewFan December 21, 2012
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Trader
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An office building or complex dedicated to global trade. The office must be a member of the World Trade Center Association to have the title.
Among the first trade centers built was the now destoyed New York landmark. The NYC Trade Center was famous for its twin 110 story towers which stood for 30 years as the largest office compex in the world, with 12 million square feet of commercial space. All 7 buildings that comprised the World Trade Center New York were destroyed on September 11th, 2001 after two Boeing 767-200ER's were deliberately flown into the Twin Towers by Al Qaeda terrorists.
Among the first trade centers built was the now destoyed New York landmark. The NYC Trade Center was famous for its twin 110 story towers which stood for 30 years as the largest office compex in the world, with 12 million square feet of commercial space. All 7 buildings that comprised the World Trade Center New York were destroyed on September 11th, 2001 after two Boeing 767-200ER's were deliberately flown into the Twin Towers by Al Qaeda terrorists.
by STR June 11, 2006
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by iwanna be tracer December 12, 2018
Get the i wanna be tracer mug.(noun)
1. A person who is not proficient in anything.
2. A person who lacks focus, constantly bouncing from one job to the next, while mastering none.
1. A person who is not proficient in anything.
2. A person who lacks focus, constantly bouncing from one job to the next, while mastering none.
My friend Larry has been unsuccessful as a business man, a teacher, an artist and a musician. He's like a Jack-Of-No-Trades.
by TheyCallsMyNamesBrian February 4, 2009
Get the Jack-Of-No-Trades mug.BOY: Maybe I'll be Tracer
Girl: I'm already Tracer
BOY: What about Widowmaker
Girl: I'm already Widowmaker
BOY: I'll be Bastion
Girl: Nerf Bastion
BOY: Your right. So, Winston
Girl: I wanna be Winston
BOY: I guess I'll be Genji
Girl: I'm already Genji
BOY: Then I'll be McCree
Girl: I already chose McCree
Girl: I'm already Tracer
BOY: What about Widowmaker
Girl: I'm already Widowmaker
BOY: I'll be Bastion
Girl: Nerf Bastion
BOY: Your right. So, Winston
Girl: I wanna be Winston
BOY: I guess I'll be Genji
Girl: I'm already Genji
BOY: Then I'll be McCree
Girl: I already chose McCree
by YouGotKilledx7x November 20, 2018
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