musicmaster4day musicmaster4day
  • 02-03-2018
  • Advanced Placement (AP)
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Why is a growing trade deficit a concern?

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JayKettu
JayKettu JayKettu
  • 02-03-2018
Answer: First we must identify what a trade deficit is. It is when a country imports more than it exports. Without the regulation of tariffs, this can devalue the manufacturing industry for a country/nation, as well as cause economic problems.
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