What would have to be true for the U.S. to have a balance-of-trade deficit and a balance-of-payments

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What would have to be true for the U.S. to have a balance-of-trade deficit and a balance-of-payments surplus?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 25, 2023 12:28 AM

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What would have to be true for the U.S. to have a balance-of-trade deficit and a balance-of-payments

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A balanceoftrade deficit means that we imported more merchandise goods than we expor...View the full answer

Exploring Economics

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