Describe the meaning and effect of a trade deficit


Problem

1. Describe how the value of the dollar is established using a flexible exchange rate.

2. Describe the meaning and effect of a trade deficit.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Describe the meaning and effect of a trade deficit
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