This chart shows the nominal U.S. trade deficit as share of GDP. These data are taken from the National Income and Product Accounts Table 1.1.5, Line 15 divided by Line 1. From Dean Baker's paper "The Trade Deficit: The Biggest Obstacle to Full Employment."
This chart shows the nominal U.S. trade deficit as share of GDP. These data are taken from the National Income and Product Accounts Table 1.1.5, Line 15 divided by Line 1. From Dean Baker's paper "The Trade Deficit: The Biggest Obstacle to Full Employment."