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Trade Deficit
Essay specific features


Written by:
Brenda B
Date added:
April 21, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1305
Was viewed:
1414 times
Rating of current essay:
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...
displayed 300 characters
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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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