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Topic: Business
Number of pages / Number of words: 9 / 2494
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Although the trade deficit has persisted for over a decade, the situation is much better now than it was in the mid-1980s. The merchandise trade deficit fell from a peak of $160 billion in 1987 to $96 billion in 1992. Relative to GDP, it declined from 3.5 percent to 1.6 percent. The current account deficit, which includes trade in services, improved even more dramatically...


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Relative to GDP, it declined from 3.5 percent to 1.6 percent. The current account deficit, which includes trade in services, improved even more dramatically. It dropped from a deficit of $167 billion in 1987 to $62 billion in 1992--or from 3.5 percent of GDP to 1 percent of GDP.(1)

Why the turnaround? Because over the past six years, U...


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American Automobile Industry Automobile Industry(PCD) - India Automobile Industry India Automobile Industry Indian Automobile Industry Indian Insurance Industry: An Industry Competitive Analysis Manpower Shortage In Automobile Industry Success in automobile industry Trade Deficit U.S. Trade Deficit US Trade Deficit Us Automobile Industry Competitive Decline Can anything be done to arrest the terminal decline of the UK Clothing Industry? Critically assess the claim that the World Trade Organisation is suffering a ‘legitimacy deficit’. Decline In The American Automobile Industry

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