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President Trump has stated several times that he intends to eliminate the trade deficit that of the US with its trading partners (because this is

President Trump has stated several times that he intends to eliminate the trade deficit that of the US

with its trading partners (because "this is a bad deal for the US"). If he were to achieve this with all

the US trading partners, show and briefly explain (starting from the GDP expenditure identity) what

this would imply for savings and investment in the US

Also what this would imply for the net capital outflows (NCO) of the US?

Explain

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