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ˈtrade gap N

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The rise in the trade gap was also fuelled by high oil import prices, food items, machinery and automobiles. en.wikipedia.org

The most effective way to close a trade gap is to engineer a recession to deflate the demand for imports. www.freemalaysiatoday.com

A steady rise in imports by 30.24 per cent to $309.53 billion during the eight-month period resulted in the trade gap widening to $116.83 billion. www.thehindu.com

The rise in the trade gap has been attributed to high oil import bill, and rise in the prices of food items, machinery and automobiles. en.wikipedia.org

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