The concern of economists with respect to the trade deficit is whether it is
A) sustainable at current levels.
B) desirable at current levels.
C) under-specified.
D) overestimated.
E) the result of the financial crisis.

Question

Quizplus · Accepted Answer

Economists are concerned whether the trade deficit is sustainable at current levels, meaning whether the country can continue to import more than it exports without facing negative consequences such as higher debt levels or reduced economic growth.

The Concern of Economists with Respect to the Trade Deficit