Financial accounting practice:

Please see below and help explain the issue(s)

practice 14:It is well-documented that the United States consistently runs sizable current account deficits.What are the long-term risks associated with running current account deficits?

practice 15:Dutch Disease is a term applied to a problem in the 1970's whereby the Netherlands were experiencing massive and sudden inflows of capital from abroad.What was the cause of this sudden influx of capital, and what types of potential problems did it have for the Dutch or could it have for any small single resource country?