One of the causes of the rising trade deficits of the past decade has been a declining saving rate in the United States.

Name: One of the causes of the rising trade deficits of the past decade has been a declining saving rate in the United States.
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A declining saving rate in the United States means that Americans are saving less of their income. This leads to increased consumption, including of imported goods. When imports exceed exports, the trade deficit widens.

One of the Causes of the Rising Trade Deficits of the Past