Q The United States has experienced a large trade deficit in recent years. Analyze the implications of a growing trade deficit on the future growth of the United States.
In the recent years it has been found that the US economy is facing a trade deficit and that amounts to $566 billion in the year of 2017. It has also imported a huge amount of goods and services and has also exported a good amount. It has been revealed from a survey that the deficit is gradually going over the period and thus it is much more compared to that have occurred in the year 2013. In 2013, the US trade deficit amounts to $478 billion. The main reason behind this can be considered to be the strengthening of dollar
