Best Commerce classes for 11th | 12th | CA/CS Foundation | BCom | BBA Behere Classes Basics of Economics Series Part 13: Trade Deficit A trade deficit is an economic measure used in international trade. Basically, trade deficit means country's imports exceed its exports. A trade deficit is serious of any domestic economy as it represents an outflow of domestic currency to foreign markets. Trade deficit is also referred to as a negative balance of trade (BOT) Trade Deficit = Total Value of Imports – Total Value of Exports Thank You. Regards, Behere Classes (www.behereclasses.com) Tags: Best 11th commerce classes in Pune, 11th commerce class in Pune, top commerce coaching in pune, Commerce classes in Pune city, 12th commerce classes in Pune, 12th commerce class in Pune, commerce classes near me, best commerce classes near me, 11th 12th commerce classes near me, BBA coaching classes in Pune, BBA classes near me, BCom classes in Pune, BCom classes near me, BBA tuitions near me, BCom tuitions near me, commerce tuitions near me, classes for 11th commerce, CA classes in Pune, Pune 11th commerce classes, tuitions for 11th commerce, CA foundation classes, CS foundation classes, best CA foundation classes, best CS foundation classes