U.S. TRADE DEFICIT : TRENDS, THEORY, POLICY, AND SUSTAINABILITY (98-693) / Foreign Affairs, Defense, and Trade Division.

Format:

Book

Government document

Author/Creator:

Foreign Affairs, Defense, and Trade Division, author, issuing body.

Language:

English

Subjects (All):

Saving and investment--United States.

Saving and investment.

Physical Description:

1 online resource

Place of Publication:

[Place of publication not identified] : Foreign Affairs, Defense, and Trade Division, 1999.

Summary:

This report briefly surveys recent trends in the U.S. trade deficit and the economic theory and policies surrounding it. The Federal Trade Deficit Review Commission was organized in June 1999 to develop trade policy recommendations. This report points out some problems with and recent advances in traditional economic approaches to trade theory and policy, particularly with respect to inter-industry trade, strategic trade, macroeconomic trade theory, the twin deficits, the exchange rate, and intertemporal savings and investment. It also examines the sustainability of the trade deficit and its relationship to employment. This report will be updated as conditions warrant.

Notes:

Description based on publisher supplied metadata and other sources.