Question: Short-answer question #2 (8 marks) Critically evaluate the following statement: Since the U.S. (and Canada, in some years) imports more than it exports, it is

 Short-answer question #2 (8 marks) Critically evaluate the following statement: "Since

Short-answer question #2 (8 marks) Critically evaluate the following statement: "Since the U.S. (and Canada, in some years) imports more than it exports, it is necessary for the U.S. (or Canada) to import capital from foreign countries to finance its current account deficits . (Minimum 300 words for full marks.) . Write your answer in the box below

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