Why is a growing trade deficit a concern?

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asked Mar 14, 2019 129k views

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Semih Arslanoglu · Answer 1 · 2019-03-20T07:42:46+0000

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.

Why is a growing trade deficit a concern?

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