external deficit - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “external deficit”

external deficit

noun [C]
 
 
ECONOMICS, FINANCE a situation in which a country pays more money to other countries than it receives from them, or the difference between the amount paid and the amount received: an external deficit of 10% of GDP
(Definition of external deficit from the Cambridge Business English Dictionary © Cambridge University Press)
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