Trade deficit means that nation is receiving more goods

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A trade deficit means that a nation is receiving more goods and services from abroad than it is sending abroad. How can that be considered to be unfavourable?

Would you be willing to pay $20 a year more in personal income taxes for debt forgiveness? How about $200? How about $2,000?

Reference no: EM131161169

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Trade deficit means that nation is receiving more goods : A trade deficit means that a nation is receiving more goods and services from abroad than it is sending abroad. How can that be considered to be unfavourable? Would you be willing to pay $20 a year more in personal income taxes for debt forgiveness? ..
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