=+that the increased trade deficit resulted from a decline in the quality of U.S. products relative to

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=+that the increased trade deficit resulted from a decline in the quality of U.S. products relative to foreign products.

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Brief Principles Of Macroeconomics

ISBN: 9780324590371

5th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 27, 2024 09:00 AM

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=+that the increased trade deficit resulted from a decline in the quality of U.S. products relative to foreign products.
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=+ 4. The chapter notes that the rise in the U.S. trade deficit during the 1980s was due largely to the rise in the U.S. budget deficit. On the other hand, the popular press sometimes claims
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Brief Principles Of Macroeconomics

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