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According to popular opinion, US trade deficits indicate any or all of the follow: a lack of US. competitiveness owing to low productivity and/or lower

According to popular opinion, US trade deficits indicate any or all of the follow: a lack of US. competitiveness owing to low productivity and/or lower wages, superior technology, or unfair trade practices by foreign countries. 



Discuss the factors? Can you suggest any additional factor that might explain US trade deficits?

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