Discuss how the balance of payments can influence exchange rates and purchasing power.

 

Then take a position either for or against trade deficits.

 

Address the pros and cons of the U.S. trade deficits

Answer rating: 100% (QA)

The balance of payments refers to the record of all economic transactions between a country and the rest of the world over a specific period It consists of the current account capital account and fina... View the full answer