Description
Go to the internet and find a news article published within the last three months that discusses trade deficit of the U.S., summarize key points and post in the Discussions area. Discuss the level of the current trade deficit and make a recommendation for addressing the current deficit. Discuss the role that the value of the dollar plays in trade deficits.
Reflection β the students also should include a paragraph in the initial response in their own words reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace.
Explanation & Answer
kindly check the attached document for answer
Running head: MAROECONOMICS DISCUSSION
Macroeconomics Discussion
Name of Student
Institutional Affiliation
Date
1
MAROECONOMICS DISCUSSION
2
Trade deficit is an economic measure of international trade in which its imports exceeds
its exports. It represents a countryβs outflow of currency to foreign markets.
In 2017, the total US trade deficit was $502 billion. Thatβs because it imported $2.712
trillion of goods and services while exporting $2.209 trillion. The deficit is higher than in previous
year when it was $478 billion. Thatβs because dollar strengthened by 25 percen...
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