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Which of these was one of the causes of the growing U.S trade deficit?
Wiki User
∙ 6y ago
the rise in the cost of imported oil
Wiki User
∙ 6y ago
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One of the causes of the growing US trade deficit was?
the rise in cost of imported oil
What was one of the causes of the growing US trade deficit?
The reasons may be attributed to exit of conventional industries, increase in defence budgetary expenditure and so on. There are other reasons as well which are not so relevant than the above two.
An unfavorable balance of trade occurs?
an imbalance of trade. More going in one direction that the other.
What causes trade?
One of the causes of global trade is more profits. Businesses expand their market so that they can sell to more customers and make more money.
Which is better Trade Surplus or Trade Deficit Why?
This is really like asking whether a broken arm or a broken leg is better. Trade deficits are bad, m'kay? If you have one, you have to borrow money to pay for the things you import (because you get money by selling goods to other countries), your citizens don't have as much work as they could, and another country gets rich at your expense. A trade surplus is bad too. If you have one, the country you have it with might implement protective tariffs to slow down your exports and encourage its countrymen to start factories to make the things you're exporting to them. The ideal situation is balanced trade--importing no more than you export.
One of the causes of the growing US trade deficit was?
the rise in cost of imported oil
What was one of the causes of the growing US trade deficit?
The reasons may be attributed to exit of conventional industries, increase in defence budgetary expenditure and so on. There are other reasons as well which are not so relevant than the above two.
What is one of the us trade deficit?
Increase import from China
What might be one problem associated with trade deficit?
countries must borrow money to pay for their imports. -- A+
What might be one problem associated with a trade deficit?
countries must borrow money to pay for their imports. -- A+
How did the Dutch try to dominate the clove trade?
By limiting cultivation of the crop to one island and forcing others to stop the growing and trade of the spice.
An unfavorable balance of trade occurs?
an imbalance of trade. More going in one direction that the other.
What causes trade?
One of the causes of global trade is more profits. Businesses expand their market so that they can sell to more customers and make more money.
Deficit spending in France revolution?
One of the causes of the economic troubles was a mushrooming financial crisis that was due in part to years of deficit spending. This occurs when a government spends more money than it can take in. (all information from world history textbook)
What factors have impacted negatively on the miscellaneous structural work metal industry?
One reason for this stagnation was the industry trade deficit between the United States and its foreign competitors.
What was one of the main factors that helped the Renaissance spread?
Growing economic prosperity Increased trade Wealth
Which is better Trade Surplus or Trade Deficit Why?
This is really like asking whether a broken arm or a broken leg is better. Trade deficits are bad, m'kay? If you have one, you have to borrow money to pay for the things you import (because you get money by selling goods to other countries), your citizens don't have as much work as they could, and another country gets rich at your expense. A trade surplus is bad too. If you have one, the country you have it with might implement protective tariffs to slow down your exports and encourage its countrymen to start factories to make the things you're exporting to them. The ideal situation is balanced trade--importing no more than you export.
