Because of the large current account deficits accumulated by the United States since 1981, the United States has become a

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The term "current account deficits" means that a country is importing more goods and services than it is exporting, which results in a net outflow of money. Therefore, the United States has become a debtor nation, as it owes money to foreign countries and entities to compensate for this deficit.

Because of the Large Current Account Deficits Accumulated by the United