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Essay

Trade Deficit

Essay specific features

 

Issue:

Business

 

Written by:

Brenda B

 

Date added:

April 21, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1305

 

Was viewed:

1329 times

 

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Essay content:

Also, a deficit means that industry and jobs, which could exist domestically, are being "stolen" by foreign nations. According to mercantile policy, this is a zero-sum game; when a competitor is winning, we are losing. The United States faces this situation, having evolved from the world's largest creditor nation during and following World War II to its current position as the world's largest debtor...
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The United States faces this situation, having evolved from the world's largest creditor nation during and following World War II to its current position as the world's largest debtor. Because America imports much more than it exports, an additional 600 billion dollars is needed every year to balance the equation...
displayed 300 characters

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