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This began to change in the 1930's when the trade began to change and the country began to import more products. This downward trend led the GDP its lowest point in history. In today's world trade market America's import percentage is somewhere in the mid-60%. The balance of trade in America today is running in a deficit.
The U.S. government has created trade agreements the various countries that allow free trade between these countries. This means there are no tariffs, fees or taxes applied toward the good being imported or exported between the countries in the agreement. These countries include Mexico and Canada that create the North American Free Trade Agreement (NAFTA), and Israel...
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