Wednesday, April 7, 2010

Trade Deficit

1. Anyone involved with trade would be interested in trade deficit. It would particularly affect the people inside the country which is importing more than it is exporting, as it will decrease net exports and therefore decrease the country's GDP.

2. Trade deficit is calculated at least monthly by the US government.

3. The US international trade deficit decreased to $37.3 billion in January from $39.9 billion in December, as imports decreased more than exports.

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