If total imports = $3.2 trillion and total exports = $4.2 trillion. What is the trade balance? Is this a trade deficit o

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answerhappygod
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If total imports = $3.2 trillion and total exports = $4.2 trillion. What is the trade balance? Is this a trade deficit o

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If total imports = $3.2 trillion and total exports = $4.2 trillion. What is the trade balance? Is this a trade deficit or trade surplus? What has the US been experiencing since the early 1980's? What has caused this?
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