58.6k views
1 vote
The united states has had a trade deficit over the past two decades because the nation

1 Answer

2 votes
The United States have had a trade deficit over the past two decades because the nation had a persistent trade deficit. Since the 1970s, The United States had entered into a trade deficit, from trade surplus. This started because Japan and Europe started trading and competing with US, in a range of industries.
User Henk Langeveld
by
8.3k points

No related questions found