DEFINITION of 'Trade Deficit'. An economic measure of a negative balance of trade in which a country's imports exceeds its exports. A trade deficit represents an outflow of domestic currency to foreign markets.
One of the earliest functions of the Poodle, and perhaps the task for which it was bred was as a water dog. Hunters would take their Poodles, or Poodle-like dogs, on the hunt with them and if a hunted animal landed in some body of water, the Poodle's job was to retrieve the animal. The Poodle's coat is very similar to that of the Portuguese Water Dog; this type of curly, dense coat protected the animals from low water temperatures and also helped in making the dog more buoyant.
Part of the poodleâs popularity comes from its fierce intelligence. Not only does the breed retain its old hunting instinct, but it is intelligent enough to adapt to whatever new job it is assigned. Historically, poodles have chiefly been bird dogs, but they have also worked as sheep dogs, army dogs, shipsâ dogs, and circus and film performers.