After the 9 / 1 1 attack on the US , America experienced increasing budget deficits combined

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After the

9 / 11

attack on the US

,

America experienced increasing budget deficits combined with trade deficits. Explain how these two deficits are related. In particular, explain how large budget deficits can cause large trade deficits?

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International Marketing And Export Management

ISBN: 9781292016924

8th Edition

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

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Posted Date: Feb 21, 2024 01:13 PM

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After the 9 / 1 1 attack on the US , America experienced increasing budget deficits combined

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Large budget deficits can cause large trade deficits through several channels Interest Rates When a ... View the full answer

International Marketing And Export Management

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