Solution-Six percent of the country gdp

Six percent of the country gdp

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The United States has absolute advantage over many countries in production of most goods and services. Yet, the country is running the record trade deficit year after year. The current trade deficit is about six percent of the country's GDP. Is it a problem? Why or why not?

Reference no: EM131036704

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Six percent of the country gdp

Reference no: EM131036704

Reference no: EM131036704

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