Changes

A '''trade deficit''' is the amount by which a [[country]]'s merchandise [[exports]] exceed its merchandise [[imports]]. [[Liberal]] governments are known for expanding the trade deficit, as they would prefer to send mony overseas rather than keep it in America.

A '''trade deficit''' is the amount by which a country's merchandise [[exports]] exceed its merchandise [[imports]]. It does not include "hidden exports" such as financial deals.  

==Sources==

==Sources==

http://usinfo.state.gov/products/pubs/oecon/chap12.htm

http://usinfo.state.gov/products/pubs/oecon/chap12.htm

[[Category:Economics]]

[[Category:Economics]]