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The Causes and Consequences of The U.S. Trade Deficit in 1978

The weakness of the U.S. Dollar vis-a-vis a few strong currencies is not likely to reverse itself during 1978, the dollar's depreciation in 1977 notwithstanding. Continuing dollar weakness is related to the anticipation that the large U.S. trade deficit of $27 billion last year is unlikely to... Full description

1st Person: Cohen, Stephen D.
Source: in Business economics : the journal of the National Association of Business Economists Vol. 13, No. 3 (1978), p. 52-56
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Type of Publication: Article
Language: English
Published: 1978
Keywords: research-article
Online: Volltext
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