Us Trade Deficit Causes Consequences And Cures

Author : Albert E. Burger
Publisher : Springer Science & Business Media
ISBN 13 : 9400925204
Total Pages : 318 pages
Book Rating : 4.05/5 ( download)

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Download or read book U.S. Trade Deficit: Causes, Consequences, and Cures written by Albert E. Burger and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: On October 23 and 24, 1987, the Federal Reserve Bank of St. Louis hosted its twelfth annual economic policy conference, "The U.S. Trade Deficit: Causes, Consequences, and Cures." This book contains the papers and comments delivered at that conference. A sharp decline in the value of the dollar against major foreign cur rencies began in March 1985 and continued through December 1987. Despite this decline, the U.S. trade deficit experienced considerable growth during this time. Many consider the simultaneous occurrence of these two events over so long a period to be a problem requiring a policy response. The conference addresses this issue. Various papers discuss the cause of the trade deficit, the reason for its size and persistence, its relation ship with other macroeconomic variables, its impact on other industrialized countries, and various policy proposals aimed at reducing the deficit. Session I Peter Hooper and Catherine L. Mann provide an analytical setting for the conference with their "The U.S. External Deficit: Its Causes and Persistence." Their observation that the unprecedentedly large U. S. trade imbalance is striking in both its size and its persistence could well be the subtitle of each of the papers presented. The macroeconomic studies, which Hooper and Mann summarize in their review of the existing literature, uniformly conclude that the deficit has not responded to fundamental macroeconomic determinants-relative U.S. income growth and the dollar's exchange rate-in the way that earlier, smaller U.S.

Author :
Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.90/5 ( download)

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Download or read book The U.S. Trade Deficit: Causes, Consequences, and Policy Options written by and published by . This book was released on 2010 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: The current account balance is the nation's most comprehensive measure of international transactions. It has three component balances: the goods and services balance, the investment income balance, and net unilateral transfers. These are all transactions thought to be closely related to current production, consumption, and income. For the United States, the size of the current account deficit is largely the refection of a similarly sized goods and services deficit (i.e., trade deficit). The U.S. current account (trade) deficit grew steadily from 1992 through 2006. In 2007, however, the trade imbalance decreased to $726.6 billion from $803.5 billion in 2006. In 2008 and 2009, the trade deficit continued to decrease, reaching $706.1 billion and $419.9 billion, respectively. These decreases reflected strong export sales and a steady weakening of import purchases. A sizable depreciation of the dollar from 2002 through 2007 made U.S. exports more attractive to foreign buyers and imports less attractive to American buyers. In addition, since 2006, economic growth in the United States slowed relative to that of its major trading partners. As a percentage of GDP, the trade deficit in 2009 decreased to 2.9%, down from a record 6.1% in 2006.

Author : Albert E Burger
Publisher :
ISBN 13 : 9789400925212
Total Pages : 336 pages
Book Rating : 4.12/5 ( download)

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Download or read book U.S. Trade Deficit written by Albert E Burger and published by . This book was released on 1989-04-30 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : U.S. Trade Deficit Review Commission
Publisher :
ISBN 13 :
Total Pages : 342 pages
Book Rating : 4.5X/5 ( download)

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Download or read book The U.S. Trade Deficit written by U.S. Trade Deficit Review Commission and published by . This book was released on 2000 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Report of the U.S. Trade Deficit Review Commission, November 14, 2000"--Cover p. [2].

Author : U.S. Trade Deficit Review Commission
Publisher :
ISBN 13 :
Total Pages : 307 pages
Book Rating : 4.07/5 ( download)

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Download or read book The U.S. Trade Deficit written by U.S. Trade Deficit Review Commission and published by . This book was released on 2000 with total page 307 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Report of the U.S. Trade Deficit Review Commission, November 14, 2000"--Page 2 of cover.

Author : United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade
Publisher :
ISBN 13 :
Total Pages : 184 pages
Book Rating : 4.50/5 ( download)

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Download or read book The Trade Deficit written by United States. Congress. House. Committee on Foreign Affairs. Subcommittee on International Economic Policy and Trade and published by . This book was released on 1987 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. General Accounting Office
Publisher :
ISBN 13 :
Total Pages : 60 pages
Book Rating : 4.59/5 ( download)

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Download or read book International Trade written by United States. General Accounting Office and published by . This book was released on 1987 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Craig Kent Elwell
Publisher :
ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.35/5 ( download)

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Download or read book The U.S. Trade Deficit written by Craig Kent Elwell and published by . This book was released on 2001 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Murray Weidenbaum
Publisher :
ISBN 13 : 9780756714994
Total Pages : 300 pages
Book Rating : 4.90/5 ( download)

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Download or read book The U. S. Trade Deficit written by Murray Weidenbaum and published by . This book was released on 2001-11-01 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: Report of the U.S. Trade Deficit Review Commission. The Commission examined the trade deficit and its causes and consequences, and developed recommendations for action. The Commission held 10 public hearings, took testimony from 138 witnesses, commissioned original research and surveys of the lit., and met to deliberate on the info. collected. Chapters: causes of the U.S. trade and current account deficits; consequences of the U.S. trade and current account deficits; are large trade and current account deficits sustainable? worker adjustment assist.; trade policy and organization in the era of globalization; and international trade data: improving our knowledge base. Includes a CD-ROM.

Author : United States. Congress. Senate. Committee on Finance
Publisher :
ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.88/5 ( download)

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Download or read book Causes of the Trade Deficit and Its Implications for U.S. Economy written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1999 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: