What is another word for trade gap?
Pronunciation: [tɹˈe͡ɪd ɡˈap] (IPA) 
The term trade gap is often used to describe a situation where a country's imports exceed its exports. However, there are several other synonyms for trade gap that can be used to describe this situation. For instance, the term trade deficit is commonly used to describe the difference between a country's imports and exports. The word balance of payments is another synonym that can be used to describe the same situation. Another term is net imports, which refers to the amount by which imports exceed exports. Finally, the term negative trade balance is also used to describe a trade gap, and it means that a country is importing more than it is exporting.
