Our trade balance (exports minus imports) has grown steadily negative over the last two decades. During each of the last two recessions (shaded areas), our purchases of imports fell, improving our trade balance.
The By the Numbers — Do It Yourself! Lab Activity for this chapter will focus on the U.S. trade balance over the past two decades.
The By the Numbers — Do It Yourself! Lab Activity for this chapter will focus on the U.S. trade balance over the past two decades.