Question: Website for US Debt clock (https://www.usdebtclock.org/) According to theUS Debt Clock, What is the United States Trade Deficit? Does this number match your answer above?
Website for US Debt clock (https://www.usdebtclock.org/)
According to theUS Debt Clock,
- What is the United States Trade Deficit?
- Does this number match your answer above? Explain why or why not.
- Should leaders and citizens of the United States be worried about the trade deficit? Explain why or why not? [Hint: Reflect on the concepts learned in this week's chapter reading]
- Based on your research, what would you suggest the United States do to reduce the trade deficit?
- Based on your readings and research, what are the pros and cons for international trade as it relates to the U.S. economy? Why?
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