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A Strategy for Balanced Trade and Economic Revitalization

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Publication Date:

Publisher(s): Center for Economic and Policy Research

Author(s): Eileen Appelbaum; Dean Baker

Topic: Economics (Economic conditions)

Keywords: Trade deficit; Devaluation (dollar); Energy consumption

Type: Report

Coverage: United States

Abstract:

This paper describes the problems that the economy faces as a result of sustaining a large trade deficit for a long period of time. It describes measures that will be needed to bring the trade deficit down to a sustainable level and to also get the economy back on a healthy growth path.