The united states has had a trade deficit over the past two decades because the nation

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Gerald Bishop

History

19 June, 22:26

The united states has had a trade deficit over the past two decades because the nation

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Dalia Banks · Answer 1

The United States have had a trade deficit over the past two decades because the nation had a persistent trade deficit. Since the 1970s, The United States had entered into a trade deficit, from trade surplus. This started because Japan and Europe started trading and competing with US, in a range of industries.