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U.S. Trade Deficits

The United States exported almost $2 trillion worth of goods and services in 2010 yet realized a trade deficit of more than $500 million, meaning it imported more than it exported. That has been the case for decades, and some Americans believe this is harming the county.

1. Visit www.bea.gov and find the U.S. trade in goods and services. Create a line chart showing the change in this number from 1992 to 2010. (AACSB: communication; Use of IT; Reflective Thinking)

2. Debate the pros and cons of the United States having trade deficits consistently year after year.(AACSB: communication; reflective thinking)

Solution Preview

1. Visit www.bea.gov and find the U.S. trade in goods and services. Create a line chart showing the change in this number from 1992 to 2010. (AACSB: communication; Use of IT; Reflective Thinking)

See the Microsoft Excel spreadsheet for the line chart.

2. Debate the pros and cons of the United States having trade deficits consistently year after year.(AACSB: communication; reflective ...

Solution Summary

The United States trade deficits are determined.

$2.19