Understanding International Trade: Episode 3, What is a Trade Deficit?
EVS0040
November 18, 2021
In this video, we look at an accounting issue: "What is the balance of payments among countries?" We often hear the term "trade deficit" in the news. But what exactly is a trade deficit? Is a trade deficit good or bad? To explain let's check-in with Joe Vandal again on his trade mission to Mars.
Authors: Xiaoxue Du, Paul Lewin, Hernan Tejeda
7:20
