In the 1980s, the balance of trade deficits become so large that the U.S. became:

Question

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A balance of trade deficit means that a country is importing more goods and services than it is exporting. This leads to a net outflow of currency, making the country a net debtor nation. This was the case for the U.S. in the 1980s due to various economic factors, including increased competition from foreign manufacturers and the appreciation of the U.S. dollar.

In the 1980s, the Balance of Trade Deficits Become So