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.
The breed was standardized in France, where it was used as a retriever. Due to its popularity in the country, France established the Poodle as its national breed. The Toy Poodle is one of the three sizes in which the Poodle is bred, the other two being Standard and Miniature. According to American Kennel Club statistics, the Standard Poodle is the oldest of the sizes. The other two sizes were bred from the original larger one.