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Understanding International Trade: Episode 3, What is a Trade Deficit?

Product Details
EVS 040
Pub. Date: 2021

Online Only

View it now (Video) >

In this video, we look at an accounting issue: “What is the balance of payments among countries?” We often hear the term “trade deficit” in the news. But what exactly is a trade deficit? Is a trade deficit good or bad? To explain let’s check-in with Joe Vandal again on his trade mission to Mars.

Authors: Xiaoxue Du, Paul Lewin, Hernan Tejeda



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