What was the important cause of the financial deficit of France?
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Since 2005, France has maintained a current account deficit, predominantly driven by trade in goods. Yet, in 2013, France's trade deficit shrank to its lowest level since 2010, although this decrease was mainly caused by the fact that exports fell less rapidly than imports.
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Since 2005, France has maintained a current account deficit, predominantly driven by trade in goods. Yet, in 2013, France's trade deficit shrank to its lowest level since 2010, although this decrease was mainly caused by the fact that exports fell less rapidly than imports.
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