Why is there any reason to believe that a trade deficit


Problem

Some politicians express concern about our trade deficit with specific nations. For example, twenty years ago they worried about our trade deficit with Japan. More recently they have expressed concern over our trade deficit with China. Is there any reason to believe that a trade deficit with any particular nation is of any particular importance? If South Carolina runs a trade deficit with Texas, is this cause for concern in either state? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why is there any reason to believe that a trade deficit
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