What effect did policy likely have on u.s. trade deficit

Reference no: EM131353687

1. In 2001, 2002, and 2003, Congress passed the series of tax cuts that President Bush had requested. What effect did this policy likely have on the U.S. trade deficit? Why?

2. In 2007 and 2008, the international value of the dollar fell. This development was viewed with alarm in Japan. Why?

Reference no: EM131353687

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