The belief is widely shared by newspaper columnists, TV news commentators, polit

The belief is widely shared by newspaper columnists, TV news commentators, politicians, and other people that if the United States imports much more from a particular country than it exports (in money value terms), a problem exists. Many are upset by the fact that the United States has such a large trade imbalance with China. They think that an equivalent export-import value should exist for every two-country relationship. What do you think? Analyze how the persisting U.S. trade imbalance with China might affect the U.S. economy. Explain your reasoning.
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