ECN400 Balance of Trade and International Trade for The US Assignment

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?

Please cite at least one source, scholarly or other, to support your discussion.