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IBO - 3 Trade Deficit in Hindi, current account profit

Views on economic impact. The notion that bilateral trade deficits are bad in and of themselves is overwhelmingly rejected by trade experts and economists. According to the IMF trade deficits can cause a balance of payments problem, which can affect foreign exchange shortages and hurt countries. What is business profit? The easiest way to explain profit is the income a company earned in a certain period of time. There are two types of profit namely gross profit and net profit. Gross profit is not the actual profit of a business and it is found by deducting the cost of goods sold from net sales.