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America's Record Trade Deficit: A Reflection of Economic Strength. / Daniel T. Griswold.

by Griswold, Daniel T; SIRS Publishing, Inc.
Material type: materialTypeLabelBookSeries: SIRS Enduring Issues 2002Article 9Business. Publisher: USA Today (Magazine), 2001ISSN: 1522-3191;.Subject(s): United States. Democratic Party | United States. Republican Party | Balance of trade | Investments -- Foreign | United States -- Commerce | United States -- Economic conditionsDDC classification: 050 Summary: "America's chronic trade deficit continues to set records, month after month, year after year, not only for its size, but for its share of an expanding gross domestic product (GDP). The large and growing gap between how much the U.S. imports and how much it exports continues to fuel anxiety among policymakers, economic commentators, and critics of American trade policy." (USA TODAY MAGAZINE) The author supports his statement that the trade deficit's causes and consequences are misunderstood and negatively reflected upon by providing facts of a strengthened economy during trade deficit periods.
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Articles Contained in SIRS Enduring Issues 2002.

Originally Published: America's Record Trade Deficit: A Reflection of Economic Strength, May 2001; pp. 24-27.

"America's chronic trade deficit continues to set records, month after month, year after year, not only for its size, but for its share of an expanding gross domestic product (GDP). The large and growing gap between how much the U.S. imports and how much it exports continues to fuel anxiety among policymakers, economic commentators, and critics of American trade policy." (USA TODAY MAGAZINE) The author supports his statement that the trade deficit's causes and consequences are misunderstood and negatively reflected upon by providing facts of a strengthened economy during trade deficit periods.

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