Understanding Trade Deficits
The U.S. has a trade deficit — but that's not necessarily a bad thing. #MarketplaceAPM #TradeDeficit #EconomicExplainers
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The overall deficit getting bigger isn’t necessarily a bad thing. It just so happens that when the economy grows, we tend to see the trade deficit increase. A boost in imports often reflects companies bringing in more materials to make products, or American consumers buying more products from around the world.
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