NewsWhore
12-12-2008, 03:30 PM
The Dominican Republic's trade deficit with the United States has doubled. The DR has a free trade agreement with the US. As reported in Hoy, economist Luis Vargas says that figures from the US Department of Commerce for the first 10 months of 2008 show that the trade deficit grew 70%, or US$939.3 million, going from US$1.34 billion to US$2.28 billion for the period. He said that exports are down 5.16% or US$182.9 million, while imports were up 15.47% or US$755.5 million.
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More... (http://www.dr1.com/index.html#11)