dollar gap

American  

noun

1. the difference, measured in U.S. dollars, between the earnings of a foreign country through sales and investments in the U.S. and the payments made by that country to the U.S.

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Etymology

Origin of dollar gap

First recorded in 1945–50

Example Sentences

See Examples For:

dollar gap

The state, he added, “has to come up with some bigger solutions — a $15 billion dollar gap is too much to ignore.”

From New York Times ● Apr. 9, 2015

But the dollar gap is still big; in 1953 the U.S. exported $16 billion in goods while importing $11 billion, leaving a gap of $5 billion.

From Time Magazine Archive

But the dollar gap closed in 1953 only because foreign countries slashed their imports from the U.S., apart from military aid, by more than $1 billion.

From Time Magazine Archive

They are in grave financial trouble, and many are searching frantically to close a dollar gap that threatens their very existence.

From Time Magazine Archive

The old demon, the dollar gap, is back.

From Time Magazine Archive