The Causes of the U.S. Trade Deficit

Authors

  • Monica Raileanu-Szeles Transilvania University of Brasov, Romania

Keywords:

trade deficit, pegged rate, surplus, imbalan

Abstract

This paper examines the causes and implications of the large US’s external deficit. Special attention has been given to China and the Gulf countries, which are the most important trading partners of the US. Their exchange rate regimes have been comparatively investigated, because their balances of payments have real implication on the US’s deficit.

Author Biography

Monica Raileanu-Szeles, Transilvania University of Brasov, Romania

Dept. of Finance, Accounting and Economic Theory

Published

2008-06-11

Issue

Section

ECONOMIC SCIENCES