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

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