Discussion Forum: The U.S. Trade deficit -microeconomics

Please read the Kimberly Amadeo article The U.S. Trade Deficit (link bellow). Do you agree with with her statements that an ongoingtrade deficit is weakening the U.S. economy and is diminishing it global competitiveness. Please provide the argumentation to supportyour position. Two posts minimum.http://useconomy.about.com/od/tradepolicy/p/Trade_Deficit.htm

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