The Causes of the U.S. Trade Deficit
Keywords:
trade deficit, pegged rate, surplus, imbalanAbstract
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.Published
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Copyright (c) 2007 Bulletin of the Transilvania University of Brasov. Series V: Economic Sciences

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