Inflation is the devaluing of currency by physically printing more without having equivalent assets added to your possession. It would make imports cost more and exports be worth less.
This is what happens when a trillion dollars is printed and poured into the pockets of those responsible for an economic crash in the first place. By printing a trillion without adding assets, it makes all the dollars worth considerably less. Everything around you goes up in price while you are making the same amount as before the printing splurge. This action makes every citizen of the USA poorer.
Chat with our AI personalities
C- the trade deficit which is exactly exports-imports
Exports: Beef and fish Imports: Garments (Clothing)
exports more than it imports
A trade surplus is when exports exceed imports.
what are the 5 major exports and imports of japan