Monday, May 14, 2007
US Trade Deficit: getting better?
Trade deficit is when a country imports more than they export. So basically the country is buy more than they are selling therefore effecting the coutries economy tremendously. Trade Deficit is definitely getting better. This is what the article is talking about. The article talks about how the increasing trade overseas is going to benefit the US. It is going to give the US dollar more importance. So if the coutry begins to be more export-driven economy, that would add more jobs and help reduce the trade deficit.
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