Only by extending our markets abroad, by increasing our exports: but we can only increase our exports by being willing to INCREASE OUR IMPORTS, and this can only be done from those large productive countries, the produce of which, at this time, is practically prohibited.
Our imports are probably about 15percentt.
This tends to decrease our imports and increase our exports, raising domestic production and employment.
And this is what we do with the vast majority of our imports.
We have a trade deficit because we don't create enough to pay for our imports.
If we don't sell enough goods and services to pay for our imports, we have to sell I.O.U.'s.
Meanwhile, we've cut our imports of foreign oil by nearly sixty percent, and cut carbon pollution more than any other country on Earth.
"It is natural for us to try and diversify our imports of oil and gas to meet the objective of energy security," Mr. Krishna said.
Just as what's best about America can't be exported, our imports in the global-image trade hardly represent the best from other countries either.
