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Are Trade Deficits Good or Bad for a Country?
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22 votes
22 votes
Are Trade Deficits Good or Bad for a Country?

User TrolleFar
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1 Answer

10 votes
10 votes

Answer:

•A trade deficit is neither inherently entirely good or bad, although very large deficits can negatively impact the economy.

•A trade deficit can be a sign of a strong economy and, under certain conditions, can lead to stronger economic growth for the deficit-running country in the future.

User Joffan
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