Date of Original Version
Fortune, November 1985 as “How to Cut the Trade Deficit”
Abstract or Table of Contents
America has a trade problem. Exports of goods and sales of services may fall short of imports by as much as $150 billion dollars in 1985, topping the record $108 billion merchandise trade deficit for 1984. Imports have increased more than one-third since 1980, while exports have stagnated.