Problem

Excessive external trade deficits

Incidence:

[Industrialized countries] The USA's trade deficit in 1986 was over US$170 billion making it the largest debtor nation in the world. In June 1989, the United Kingdom's trade deficit widened to US$3.1 billion. In 1989 the former Soviet Union recorded a trade deficit of £3.35 billion.

 

Strategies:
Balancing payments
Values:
Deficit
Excess
Problem Type:
D: Detailed problems
Subject(s):
Foreign
Credit
Trade
Date of last update
07.11.2017 – 16:45 CET