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trade deficit emanates a picture of doom and gloom for many U.S. officials. A U.S. trade deficit occurs when the cost of imports exceeds the earnings from exports; or in simpler terms, the United States as a whole is buying more than it is selling. However, in the realm of international trade, the key word is ‘trade’. While some may view the trade deficit as a series of irresponsible and lopsided monetary transactions, the ‘trade’ goes well beyond the simple exchange of goods and money. A trade deficit does not necessarily equate to a nation in the red, and more importantly, ‘import’ is not a dirty word...
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Common topics in this essay:
- Budget Deficit
- Budget Deficit
- Deficit Spending: The Deficit Good Or Bad
- How scary is our deficit???
- Is deficit matter
- Trade Deficit
- U.S. Deficit Good Or Bad?
- U.S. National Deficit
- U.S. Trade Deficit
- US Trade Deficit
- national deficit
- Base deficit
- Attention deficit
- budget deficit
- Critically assess the claim that the World Trade Organisation is suffering a ‘legitimacy deficit’.
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