Federal Reserve Bank of St. Louis
The Regional Economist
Understanding the Roots of the U.S. Trade Deficit
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.
Cite this item
Brian Reinbold & Yi Wen, "Understanding the Roots of the U.S. Trade Deficit"
, Federal Reserve Bank of St. Louis, The Regional Economist, volume 26, issue 3, 2018.
This item with handle RePEc:fip:fedlre:00189
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