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Advanced Placement (AP)Advanced Placement (AP)
24 June, 13:07

Why is a growing trade deficit a concern?

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  1. 24 June, 13:51
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    Answer: First we must identify what a trade deficit is. It is when a country imports more than it exports. Without the regulation of tariffs, this can devalue the manufacturing industry for a country/nation, as well as cause economic problems.
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