Journal Article
Understanding the Roots of the U.S. Trade Deficit
Abstract: The rise of the U.S. dollar as an international reserve currency and a shift in comparative advantage in manufacturing are key economic changes driving the large U.S. trade deficit.
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https://www.stlouisfed.org/publications/regional-economist/third-quarter-2018/understanding-roots-trade-deficit
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2018
Volume: 26
Issue: 3
Order Number: 2