U.S. Trade Deficit Has Been Term Paper

Total Length: 706 words ( 2 double-spaced pages)

Total Sources: 5

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This, in turn, further stimulates a massive intake of products and services, widening the trade deficit.

It is important to note that, despite the fact that U.S. trade deficit has sometimes been associated with low U.S. products and services competitiveness on global markets, this is most likely not the case. According to some critics, this would lead to decreases in export level, encouraging greater levels for the trade deficit. However, the industrial production has surged in the last decades, as well as the exported services in the global markets (American service providers are important players on the market), so we cannot consider a decrease in competitiveness as a cause for increased U.S. trade deficits.


Without proper financial and macroeconomic policies, we are not likely to see any changes in the U.S. trade account in the near future. Despite a devaluated dollar all throughout 2007 and good parts of 2006, the trade account deficit has remained an important problem of the U.S. administration......

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"U S Trade Deficit Has Been" (2007, June 29) Retrieved May 19, 2024, from
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"U S Trade Deficit Has Been" 29 June 2007. Web.19 May. 2024. <
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"U S Trade Deficit Has Been", 29 June 2007, Accessed.19 May. 2024,
https://www.aceyourpaper.com/essays/us-trade-deficit-been-36924