The good thing about cheap dollars
The Commerce Department published trade-balance results for 2007 today. The trade deficit fell 6.2 percent to $711 billion last year as the falling dollar made imports more expensive. And the best news: American-made goods got more affordable for foreigners. U.S. exports hit an all- time high of $1.62 trillion last year. That was a 13 percent increase over 2006 exports.
