A situation in which a country's imports from the U.S. exceed their exports to the U.S., which results in a reduction in their dollar reserves. The idea can also be applied to currencies of other countries.
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When a country imports more goods and services from another country than it exports back to the same country. The net effect of spending more money ...
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Definition of dollar drain: A situation in which a country's imports from the U.S. exceed their exports to the U.S., which results in a reduction in their dollar reserves ...
- The Hindu : Columns / Economy Watch : The dollar drain
Apr 7, 2012 ... In recent years, well-to-do Indians have been sending foreign exchange abroad to acquire assets either directly or indirectly, through their ...
- Dollar drain - Financial Dictionary - The Free Dictionary
The impact of importing from foreign countries more than exporting to them. The money required to finance the import purchases removes dollars from the ...
- Dollar Drain: Definition from Answers.com
Amount by which a foreign countrys imports from the United States exceed its exports to the United States.
- What is a Dollar Drain?
The term “dollar drain” is used to refer to a situation in which a nation is importing more than it is exporting, causing a net transfer of its assets overseas.
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Jun 13, 2012 ... As money troubles continue to pile up at San Diego State University's owned-and -operated KPBS public broadcasting operation, the ...
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