Question: Explain the challenges that our economy is facing given the large trade deficit. What are the implications of the US trying to lower the trade

Explain the challenges that our economy is facing given the large trade deficit. What are the implications of the US trying to lower the trade deficit?

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The challenges faced by an economy with a large trade deficit and the implications of trying to lower the trade deficit can be explained as follows Challenges of a Large Trade Deficit 1 Reduced Domest... View full answer

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