The Trade Deficit and the Value of the Dollar

This article reviews the factors underlying our current trade difficulties and assesses the outlook for the trade deficit. A decline in the exchange value of the dollar would significantly improve the trade deficit. Such a decline is essential to any substantial improvement, but the improvement woul...

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Veröffentlicht in:Business economics (Cleveland, Ohio) Ohio), 1985-10, Vol.20 (4), p.11-17
Hauptverfasser: Landefeld, J. Steven, Young, Kan H.
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container_title Business economics (Cleveland, Ohio)
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creator Landefeld, J. Steven
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description This article reviews the factors underlying our current trade difficulties and assesses the outlook for the trade deficit. A decline in the exchange value of the dollar would significantly improve the trade deficit. Such a decline is essential to any substantial improvement, but the improvement would be slow in coming. Many of the problems facing U.S. industry predate the recent rapid rise in the dollar and would not be eliminated by a comparable fall. The "high-tech" industries would probably gain the most, but some declining industries with long term problems might not gain at all.
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ispartof Business economics (Cleveland, Ohio), 1985-10, Vol.20 (4), p.11-17
issn 0007-666X
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language eng
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source Jstor Complete Legacy
subjects Analysis
Balance of payments
Balance of trade
Capital costs
Depreciation
Dollar
Dollar (United States)
Economic aspects
Economic value
Forecasts and trends
Foreign exchange
Foreign exchange rates
Foreign investments
Gross national product
High technology industries
Impacts
Imports
Industrial machinery
INTERNATIONAL ECONOMIC ISSUES
Manufacturing industries
Statistical data
Trade deficit
Trade deficits
title The Trade Deficit and the Value of the Dollar
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