U.S Trade Deficit 1. 2. 3. 4. 5. 6. 7. 8. Discussion Questions for U.S. Trade Deficit Discussion What is the current US trade balance? What are some trade balances of other industrialized nations (Choose 2)? What are some characteristics that could be used to describe countries with which the US has a trade deficit? Which of the arguments either for or against sustaining the trade deficit do you find more persuasive? Why? What are the tradeoffs described by the arguments for and against sustaining the trade deficit? What individuals might hold either position? How would you describe current U.S. policy towards the trade balance based on its recent history? How might a foreign government feel about its own trade balance? Does your answer change depending on the country you think about? What is the relationship between trade deficits and the potential for financial crises?