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Why does the united states have a large trade deficit?

If the U.S. has a trade deficit with another country, that means that we import more product into the U.S. than we export to that country. There are two main implications. The first is that we have money leaving the country (used to buy the foreign products). The second is that we are losing jobs to that country because we are 'hiring' more of their people to make things for us than we are 'hiring' here to make things for them. Incidentally, some countries (such as China) intentionally 'devalue' their currencies so that their products are cheaper for us. The effect is that their products are cheaper to our citizens than those made here in the U.S. The result is an increased trade deficit as U.S. citizens buy more, cheaper foreign products. Walmart is as successful as it is because it sells mostly Chinese and other foreign products that are far cheaper than domestically made products. The ultimate impact though is loss of U.S. manufacturing jobs as the demand for 'expensive' U.S. made products declines.


What is the thing give China in Philippines?

Chinese exports to the Philippines consist of electronic products, textiles and clothing, steel, and light industrial products, among others. On the other hand, he said Philippine exports to China consists 80 percent electronic products.


What is Chinese good at it?

What!! Hing angry you know not aboot Chinese emprors you do! Chinese peoples are really annoys! gooder then America people! China people also make good copie of thing like ninotondo VII and MIWi and Air pone 4 and cheap ipods and nikee shoe and every walmart thing! China people have very good ritual! we celebrate importint event China people new year and water splash festival. Hing is china man Hing is prof and doctor China have the smart man work the thing out okay okay Hing


Where in the world can you find lead?

Australia produces 19 percent of the world's lead, followed by the USA, China, Peru' and Canada. Some is also mined in Mexico and West Germany.


Why did China enforce the 1 child rule?

The One-Child Policy was set forth to control China's growing population. It was set to avoid social, economic and environmental issues in 1979. About 36% of China's population is subject to the policy and a 2008 survey says that 76% percent of the population of China support the policy. There are exemptions and areas that aren't subject to this policy. It is said to be the cause of China's gender imbalance, as girls are most often aborted and subject to infanticide. Although the policy is in order, there are many citizens who continue to bear more than one child.