3 ms·
That's a great point. I guess I'd say that while we export a lot, we import even more. We have a trade deficit with all of our largest trading partners. https
by euthuxnetux 5y ago
That's a great point.
I guess I'd say that while we export a lot, we import even more. We have a trade deficit with all of our largest trading partners.
https://worldpopulationreview.com/country-rankings/us-trade-deficit-by-country https://worldpopulationreview.com/country-rankings/us-trade-...
This is possible only because of the general demand for dollars. If the demand for trade with the US was based only on our goods and services, then we couldn't import as much as we do. If demand for dollars dried up, then our spending would be constrained and our quality of life would drop. So I think, anyway.