Just a couple of years after the economic crisis, Spain managed to reduce their trade deficit, was this the result of successful policy taking?

Q: What have been the major causes of the large U.S. trade deficits in recent years? What are the major…

A: "Since you have asked multiple questions. We will answer only first question for you. If you have…

Q: Which policy measure is most likely to be effective in reducing a balance of trade deficit? Pick…

A: This situation is also referred as negative trade balance.

Q: If the trade deficit of the United States increases, how is the current account balance affected?

A: Balance of payment refers to the record of the international transactions that the domestic country…

Q: Why are budget deficits and trade deficits sometimescalled the twin deficits?

A: A budget deficit is a situation that is faced by the government when its total spendings exceed the…

Q: If an economy has a widening trade deficit, which of the following monetary policy option will…

A: A trade deficit happens when there is a negative net sum or negative equilibrium in a worldwide…

Q: How big is the trade deficit relative to overall GDP?

A: The gross domestic product (GDP) is a standard measure of the value added created by the production…

Q: If a country has a trade deficit, what will occur?Choose one answer.a. Imports will exceed exports.…

A: International trade is the trade that takes place beyond the national boundary. Exports refer to the…

Q: How could an increase in a nation's fiscal deficit increase its trade deficit?

A: Government budget deficit affects the trade deficits. Budget deficit occurs when spending increases…

Q: Many think that the size of a trade deficit is due to a lack of competitiveness of domestic sectors,…

A: Trade deficit refers to a situation in which the value of imports of goods and services of a nation…

Q: What are the three components of the Balance of Payments? Explain the relationship between the…

A: The balance of payment (BOP) demonstrates the record of all financial proceedings over a period of…

Q: Can the 1997 Asian crisis happen again? Why or why not?

A: The Asian monetary emergency of 1997 was a horrible separation for monetary business sectors that I…

Q: Explain the BOP deficit shortly? When a nation is suffering a BOP deficit, what does it need to…

A: Balance of payment is the summary of all the transactions of the nations with the rest of the world…

Q: Is trade deficit is a national problem for US yes or not?

A: Deficit happens once a country's imports exceed its exports throughout a given amount of your time.…

Q: We often hear that trade deficits are bad for a country. Should we agree or disagree with this…

A: Trade deficit is a situation which arises when the imports of the country exceeds its exports that…

Q: Is trade deficit always a problem? Support your answer with proper reasoning

A: No, trade deficit is not always a bad thing. A country which runs a trade deficit in general imports…

Q: What is current account deficit? List down, with detailed explanations, what causes current account…

A: Current Account forms a part of a country's Balance of Payments (BOP). It includes trade in goods…

Q: In 2001, 2002, and 2003, Congress passed the series of tax cuts that President Bush had requested.…

A: The increased consumer spending due to the tax cuts leads the country towards a larger trade…

Q: How a devaluation may reduce the trade deficit of a country? What condition is required to reduce…

A: Devaluation is the fall in the value of a country's currency. As a result of fall in exchange rate,…

Q: How can the United States improve trade deficit? Give three solutions.

A:

Q: Is America obligated to help low-income countries? Is foreign aid worsening America's budget…

A: Economic growth, the method by that a nation's wealth will increase over time. though the term is…

Q: What is the trade deficit of United states in 2016?

A: Trade deficit is the increase in country’s imports over its exports  and causes negative balance of…

Q: In recent decades, has the US trade balance usually been in sede it, slurp is, or balanced?

A: The trade deficit is a situation in which the goods of other countries are given more priority than…

Q: In an economy open to trade, must a government budget deficit always be accompanied by an external…

A: An open economy is when that allows its citizens to make purchase or sale of goods and services to…

Q: Define the term TRADE DEFICIT

A: According to the given question Deficit in simple word we can say that when the level of the amount…

Q: What do you think about the balance of economic power in the world that has started to shift from…

A: A shift in economic power refers to the shift in concentration and center of gravity of economic…

Q: (a) Distinguish between a government deficit and trade deficit?

A: Deficit occurs when you receive is less amount as compared to the amount you have spent. Government…

Q: Please define trade surplus, deficit and balance concepts. What currency strategy would you suggest…

A: The trade surplus is the situation in the international market which means there is less import…

Q: According to economic theory, fast-growing countries should be running trade deficits countries…

A: A good trade balance is critical to a country's economy's long-term viability. And a country's…

Q: If a country has a trade deficit, what will occur?Choose one answer. Imports will exceed exports.…

A: If a country has a trade deficit, between the three, one will occur Imports will exceed exports.…

Q: Write 9 recommendations to reduce trade deficit for Pakistan?

A: A trade deficit occurs when a country's imports exceed its exports during a given time period. They…

Q: The macroeconomic view of a trade deficit implies that, other things equal, the imposition of a…

A: The statement is True.

Q: A government official announces a new policy. The country wishes to eliminate its trade deficit, but…

A: An administration official declares another strategy. The goal is to take out its import/export…

Q: If there is no trade deficit, budget deficit =$500, what is the difference between savings and…

A: The trade deficit is the excess of imports over exports. The budget deficit is equal to $500. It…

Q: Under what conditions will a larger budget deficit cause a trade deficit?

A: Budget deficit occurs when the government expenditure exceeds the government revenue. Trade deficit…

Q: Why does a recession cause a trade deficit to increase?

A: A recession is a situation that curbs the economy and follows a downturn to the economic growth and…

Q: trade deficits and a negative current account balance

A: When the TB ( trade balance) is in deficit then domestic investment increase domestic saving,…

Q: Name and describe the two key components of a balance of trade. Is a persistent trade deficit a…

A: Balance of trade reflects the gap between country’s exports and imports of goods and services. With…