A country has a trade deficit when exports are less than imports and has a trade surplus when exports are greater than imports . In recent years, the U.S. economy has had ; while from 1900 to 1970 , the U.S largely had

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A country has a trade deficit when  exports are less than imports and has a trade surplus when  exports are greater than imports . In recent years, the U.S. economy has had  ; while from 1900 to 1970 , the U.S largely had

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