United States suffers trade deficits every year because the value of its imports
exceeds that of its exports.

Name: United States suffers trade deficits every year because the value of its imports exceeds that of its exports.
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Question

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A trade deficit occurs when a country's imports (the value of goods and services it buys from other countries) exceed its exports (the value of goods and services it sells to other countries). The United States has had a trade deficit every year since 1975.

United States Suffers Trade Deficits Every Year Because the Value