America's Trade Deficit Article Review by Top Papers

America's Trade Deficit
A review of an article by Krugman on the impact of America's growing trade deficit.
# 140403 | 1,750 words | 4 sources | APA | 2008 | US
Published on Dec 01, 2008 in Economics (National)


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Description:

The paper looks at how Krugman (2007) considers the possible effects of the growing trade deficit over the next few years and specifically, what effect it might have on the dollar, a question also examined in Brookings Papers on Economic Activity (2005). The paper discusses how whether the deficit is a harmful economic reality or one that is more neutral has been argued for some time, with one group considering the deficit as a calamity in itself, while others question whether the deficit would have any really harmful effect on the macroeconomy and would harm American interests in the long term.

From the Paper:

"Krugman (2007) considers the possible effects of the growing trade deficit over the next few years and specifically what effect it might have in the dollar, a question also examined in Brookings Papers on Economic Activity (2005). Whether the deficit is a harmful economic reality or one that is more neutral has been argued for some time, with one group seeking the deficit as a calamity in itself, while others question whether the deficit would have any really harmful effect on the macroeconomy and would harm American interests in the long term. Krugman appears to see the deficit more as something that waxes and wanes, suggesting it is cyclical and not as harmful in the long term as some believe. He also states that..."

Cite this Article Review:

APA Format

America's Trade Deficit (2008, December 01) Retrieved June 02, 2020, from https://www.academon.com/article-review/america-trade-deficit-140403/

MLA Format

"America's Trade Deficit" 01 December 2008. Web. 02 June. 2020. <https://www.academon.com/article-review/america-trade-deficit-140403/>

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