The US Economy is experiencing a huge trade deficit over last few decades

The writing assignment constitutes 20% of the final grade for the course. The paper should about 3 pages long with one and a half spacing. The criteria for determining your grade is as follows: organization, clarity of expression, general exposition of the material, and content. Question 1: The US Economy is experiencing a huge trade deficit over last few decades. Explain the causes and consequences of this trade deficit on the US economy. Question 2: Under what circumstances the trade deficit is really bad and under what circumstances the trade deficit is not too bad? Explain. Tips: A good understanding of chapter 18 will really help you to answer these questions. Chapter 19 will be helpful too. I suggest that you read chapter 18 (and also 19) thoroughly from your textbook. When you answer these questions, please make sure that you include necessary graphs and equations. please read the instructions carefully and include the graph