This power was written in Article 3 of the Constitution. ... The advantages of separating the branches of power are that no one party can be fully in charge of America. ... Other disadvantages are: the state courts have to follow the national law and keep the Constitution in mind when judging upon the people.
The most important economic truth to grasp about the U.S. trade deficit is that it has virtually nothing to do with trade policy. A nationâs trade deficit is determined by the flow of investment funds into or out of the country. And those flows are determined by how much the people of a nation save and invest - two variables that are only marginally affected by trade policy.
In 2016, the total U.S. trade deficit was $502 billion. That's because it imported $2.712 trillion of goods and services while exporting $2.209 trillion. The deficit is higher than in 2013 when it was $478 billion. That's because the dollar strengthened 25 percent in 2014 and 2015.