Discuss the balance of trade in the United States and how it affects debt

What will be an ideal response?


Answer: A country's balance of trade is the economic value of all the products that it exports minus the economic value of its imported products. A positive balance of trade results when a country exports (sells to other countries) more than it imports (buys from other countries). A negative balance of trade results when a country imports more than it exports. A negative balance of trade is commonly called a trade deficit. The United States is a debtor nation rather than a creditor nation. Trade deficit affects economic growth because the amount of money spent on foreign products has not been paid in full. Therefore, it is borrowed money and borrowed money costs more in the form of interest. The money that flows out of the country to pay off the deficit can't be used to invest in productive enterprises, either at home or overseas.

Business

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Discretionary financing needed can be positive or zero, but not negative

Indicate whether the statement is true or false

Business

Iggy has seen what he feels is too much turnover in the work force at his distillery. He wants to see his workers perform better and demonstrate a better commitment to the organization. Explain how motivation relates to job performance and organizational commitment, and give some examples of what Iggy can do to boost performance and commitment.

What will be an ideal response?

Business

Companies pursuing a click-only business strategy approach business activities in a traditional manner by operating physical locations

Indicate whether the statement is true or false

Business

Solvency ratio data are primarily concerned with the ability of a company to:

A. manage its cash flow. B. provide income for stockholders. C. maintain long-term survival and repay its debt. D. produce profits.

Business