Table 1
Impact of ending currency manipulation on U.S. economy
| Scenario* | ||
|---|---|---|
| Change | Low impact | High impact |
| Trade deficit (billions of dollars) | -$200 | -$500 |
| Gross domestic product | ||
| in annual billions of dollars | +$288 | +$720 |
| as a share of GDP** | +2.0% | +4.9% |
| Number of jobs | +2,300,000 | +5,800,000 |
*The low-impact scenario assumes ending currency manipulation would reduce the trade deficit by $200 billion; the high-impact scenario assumes a $500 billion reduction in the trade deficit. The table shows the hypothetical change in 2015 three years after implementation.
**Percentages shown are relative to baseline forecasts for 2015.
Note: Dollar calculations are in 2005 dollars.
Source: Scott 2014
This chart appears in:
Previous chart: « Racial/ethnic make-up of Denver population and population below the family budget threshold
Next chart: Change in net holdings of foreign assets of currency manipulators, by type, 2008–2014 »