What Are Some of the Suggested Remedies for the U

question 151

Essay

What are some of the suggested remedies for the U.S.trade deficits? What remedies have been attempted? What remedies are left to try?

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Definitions:

Substitute

a product or service that can be used in place of another to satisfy similar needs or desires.

Complement

Goods or services that, when used together, enhance each other's value to the consumer.

Income Increase

A rise in the amount of money received, especially on a regular basis, through work, investments, or business.

Inferior Good

A type of good for which demand decreases as the income of consumers increases, and vice versa.