trade imbalances
Unequal commerce flows
Trade imbalances are disparities between what a country imports and exports.
A trade deficit means imports exceed exports; a trade surplus means the opposite.
Economists debate whether imbalances matter—some see chronic deficits as unsustainable debt, others as natural outcomes of global capital flows.
The trade imbalance with China became a political flashpoint.
- currency manipulationDeliberate distortion of exchange rates
- currency reservesStored foreign monetary assets
- current accountBank account for regular transactions
- exchange ratesCurrency conversion values
- deindustrializationLoss of industrial capacity
manufacturing jobs · balance of payments · globalization · monetary policy · tariffs · subsidies · fiscal policy · comparative advantage · protectionism · import quotas · capital flows · inflation · sanctions · unemployment · supply chains · quotas · exports · dumping