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.
âJust to define the terms a little bit, the trade deficit is the excess of our imports of goods over our exports of goods.â. âIf exports exceed imports, there is a trade surplus and if imports exceed exports, there is a trade deficit.â. âYet the trade deficit is a misleading gauge of the nation's economic health.â.