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2. What are the twin deficits? What are the possible causes of trade deficits? What are the potential risks of having persistent high trade deficits?

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2. What are the twin deficits? What are the possible causes of trade deficits? What are the potential risks of having persistent high trade deficits? Assess policies that might be most effective in reducing the size of the trade deficit in the future. 3. What is a negative interest rate policy? What are the goals of negative rates? What are the potential risks

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