Can the beast be tamed? America's monster trade gap
Read the article Trade Deficit in U.S. Unexpectedly Widens to $53.1 Billion and then answer the questions below. You can either read the article in the window below or you can follow the previous link to read the article in a separate window.
Explain the factors that may have caused the rapid growth in America's trade gap.
Identify the policies are available to the US government to try to close the trade gap? Assess how viable each of these policies may be in current circumstances.
Discuss the implications for the rest of the world economy of the US taking significant action to close their trade gap.