Dollar drain

Dollar drain

The impact of importing from foreign countries more than exporting to them. The money required to finance the import purchases removes dollars from the importing nation.
References in periodicals archive ?
Insurance crimes are a multi-billion dollar drain on Californias economy, state Insurance Commissioner Dave Jones said.
The import was banned to stop dollar drain out and to strengthen rupee value against dollar.
If these people elect to return to their native countries, then we may experience a brain drain to go along with our dollar drain, our manufacturing drain, and our current account drain.
AS THE DOT-COM DOLLAR DRAIN ENters its second year, many home building-related Internet companies are running low on cash and struggling to survive.
He urges smokers to consider, in addition to the health costs, the dollar drain of buying cigarettes.