Data seems to indicate that
Athere is no consistent relationship between trade and budget deficits.
Btrade and budget deficits decrease when the president is a Republican, and increase when the president is a Democrat.
Cbudget and trade deficits generally move in the same direction.
Dbudget and trade deficits generally move in the opposite direction.
Athere is no consistent relationship between trade and budget deficits.
Btrade and budget deficits decrease when the president is a Republican, and increase when the president is a Democrat.
Cbudget and trade deficits generally move in the same direction.
Dbudget and trade deficits generally move in the opposite direction.