Aided by a jump in exports and a dip in imports, the U.S. trade deficit unexpectedly plunged to $38.7 billion in October, the U.S. Commerce Department said. A weaker dollar is making U.S. industrial and agricultural goods and services more attractive to foreign customers, including emerging market economies developing their infrastructures.
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U.S. Trade Deficit Plunges as Exports Hit Two-Year High originally appeared on DailyFinance on Fri, 10 Dec 2010 10:25:00.
Filed Under: Economy