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 |
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creator | Landefeld, J. Steven Young, Kan H. |
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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The "high-tech" industries would probably gain the most, but some declining industries with long term problems might not gain at all.</description><subject>Analysis</subject><subject>Balance of payments</subject><subject>Balance of trade</subject><subject>Capital costs</subject><subject>Depreciation</subject><subject>Dollar</subject><subject>Dollar (United States)</subject><subject>Economic aspects</subject><subject>Economic value</subject><subject>Forecasts and trends</subject><subject>Foreign exchange</subject><subject>Foreign exchange rates</subject><subject>Foreign investments</subject><subject>Gross national product</subject><subject>High technology industries</subject><subject>Impacts</subject><subject>Imports</subject><subject>Industrial machinery</subject><subject>INTERNATIONAL ECONOMIC ISSUES</subject><subject>Manufacturing industries</subject><subject>Statistical data</subject><subject>Trade deficit</subject><subject>Trade deficits</subject><issn>0007-666X</issn><issn>1554-432X</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>1985</creationdate><recordtype>article</recordtype><sourceid/><recordid>eNotjk1LxDAYhIMoWFd_glC8SiHfTY5LV11hYS9V9hbS9E1tqe2atqD_3mA9DTM8zMwFSogQPOOMni5RgjHOMynl6RrdTFMXLZaMJigrPyAtg60h3YFvXTundqjTOabvtl8gHf2f2Y19b8MtuvK2n-DuXzfo7fmpLPbZ4fjyWmwPWUOIVJlTinNc27jgqWKVcDmt6toLZ0mVa8mZx5WVinDJK2d9zjUoXHGsiAaglm3Qw9p7DuPXAtNsunEJQ5w0ROtcK6Z4hB5XqLE9mHZw4zDD9-ziU2jAxEPF0WyZFlIIGun7le6meQzmHNpPG34MZVxxrAn7BYoqVdE</recordid><startdate>19851001</startdate><enddate>19851001</enddate><creator>Landefeld, J. 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Steven ; Young, Kan H.</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-g1168-c88440da632f283b5c72bddf5ca1b79643f0ba681464bcaf749e80b40819ee2a3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>1985</creationdate><topic>Analysis</topic><topic>Balance of payments</topic><topic>Balance of trade</topic><topic>Capital costs</topic><topic>Depreciation</topic><topic>Dollar</topic><topic>Dollar (United States)</topic><topic>Economic aspects</topic><topic>Economic value</topic><topic>Forecasts and trends</topic><topic>Foreign exchange</topic><topic>Foreign exchange rates</topic><topic>Foreign investments</topic><topic>Gross national product</topic><topic>High technology industries</topic><topic>Impacts</topic><topic>Imports</topic><topic>Industrial machinery</topic><topic>INTERNATIONAL ECONOMIC ISSUES</topic><topic>Manufacturing industries</topic><topic>Statistical data</topic><topic>Trade deficit</topic><topic>Trade deficits</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Landefeld, J. Steven</creatorcontrib><creatorcontrib>Young, Kan H.</creatorcontrib><jtitle>Business economics (Cleveland, Ohio)</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Landefeld, J. Steven</au><au>Young, Kan H.</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The Trade Deficit and the Value of the Dollar</atitle><jtitle>Business economics (Cleveland, Ohio)</jtitle><addtitle>Business Economics</addtitle><date>1985-10-01</date><risdate>1985</risdate><volume>20</volume><issue>4</issue><spage>11</spage><epage>17</epage><pages>11-17</pages><issn>0007-666X</issn><eissn>1554-432X</eissn><coden>BECODS</coden><abstract>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.</abstract><cop>Basingstoke</cop><pub>National Association of Business Economists</pub><tpages>7</tpages></addata></record> |
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ispartof | Business economics (Cleveland, Ohio), 1985-10, Vol.20 (4), p.11-17 |
issn | 0007-666X 1554-432X |
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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