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The large U.S. trade deficit is financed primarily by: O An increase in the price of stocks and other financial instruments O Borrowing to finance

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The large U.S. trade deficit is financed primarily by: O An increase in the price of stocks and other financial instruments O Borrowing to finance the trade deficit O A reduction in the required reserve ratio O An increase in the size of the Federal budget deficit D Question 6 U.S. Tariffs levied on foreign imports Are always ineffective O Ultimately have no impact on international trade patterns Increase the size of the trade deficit O Raise the price of imported goods for U.S. consumers

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