trade deficit – Studypool

I’m trying to study for my Economics course and I need some help to understand this question.

Today we see a lot of activity within the international trade arena as the U.S. trade deficit has soared to a record high.

  • Trade is designed to create bigger market opportunities, so why is the balance of trade so out of balance for the U.S.?
  • Is it bad to have a trade deficit, or does it not matter?

here is an article https://www.nytimes.com/2018/06/09/upshot/what-is-…

no paper needed, just a paragraph or two and a reference

 

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