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Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
Edition 20ISBN: 978-1308221281 Exercise 10
What have been the major causes of the large U.S. trade deficits in recent years What are the major benefits and costs associated with trade deficits Explain: "A trade deficit means that a nation is receiving more goods and services from abroad than it is sending abroad." How can that be considered to be "unfavorable"
Explanation
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The major causes for U.S. trade deficit ...
Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue
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