Almost all trade deficits are deceptive. in general imports are very carefully monitored - since they are taxed - while exports, especially invisible earnings,

Almost all trade deficits are deceptive. in general imports are very carefully monitored - since they are taxed - while exports, especially invisible earnings, are very approximate. Until recently the US measured exports purely in tonnage and then averaged their prices. So a ton of wheat = a ton of Windows DVDs