What is a trade deficit? How is a trade deficit related to the net inflow of foreign

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What is a trade deficit? How is a trade deficit related to the net inflow of foreign capital? If the investments (both real and financial) of foreigners in the United States are greater than those of Americans abroad, how will this impact the trade balance? Is a trade deficit bad? Why or why not?

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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