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Trade Deficit

Only Available in Archive Formats.
Trade Deficit

Trade Deficit

Trade Deficit

Only Available in Archive Formats.

NPR's John Ydstie reports the nation's trade deficit was up sharply in December. The trade deficit for all of 1997 hit $113 billion. That's the biggest mismatch between exports and imports in 9 years, but only slightly worse than the final numbers for 1996. Ydstie reports on the new trade figures and the long-standing debate on whether large trade deficits are a problem.

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