Question
For most of the past 50 years, the United States has recorded a Balance of Payments Current Account deficit, cause mostly by a large merchandise
For most of the past 50 years, the United States has recorded a Balance of Payments Current Account deficit, cause mostly by a large merchandise trade deficit.(In 2018, Americans imported about $488 billion more in goods and services than they exported.This was up from a $449 billion deficit in 2017.)
Is this good?Is this bad? or does this not really matter?
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Economics
Authors: John Sloman, Jon Guest, Dean Garratt
10th edition
1292187859, 9781292187907 , 978-1292187853
