Former congressman and presidential candidate Richard Gephardt once proposed that tariffs be imposed on imports from countries

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Former congressman and presidential candidate Richard Gephardt once proposed that tariffs be imposed on imports from countries with which the United States has a trade deficit. If this proposal were enacted and if it were to succeed in reducing the U.S. current account deficit to zero, what would be the likely effect on domestic investment spending within the United States? Assume that no other federal government economic policy is changed.
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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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