Sentences with phrase «around large trade deficits»

Not exact matches

The connection is the other way around: BECAUSE the dollar is the largest reserve currency, the US gets away with large trade deficits.

As a result of these trends, the external trade deficit has widened to 5.7 per cent of GDP, and imports are now around 60 per cent larger than the level of exports.

Beginning around 1980, the United States began running very large trade deficits for the first time.