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What Causes Trade Deficits?

  • Writer: Robert Smithson
    Robert Smithson
  • May 27, 2018
  • 1 min read

Trade, to some, is a war. There are winners and losers, and the US has been outsmarted by others who manipulate their currencies or have lower environmental standards. Is this right? What causes trade deficits (and surpluses), and what can the government do to turn a deficit to a surplus?

 
 
 

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