Question
Current Account Deficit For most of the past 50 years, the United States has recorded a Balance of Payments Current Account deficit, caused mostly by
Current Account Deficit
For most of the past 50 years, the United States has recorded a Balance of Payments Current Account deficit, caused mostly by a large merchandise trade deficit.(In 2016, Americans imported about $505 billion more in goods and services than they exported).
Is this good?Is this bad? or does this not really matter?
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
