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U.S. Foreign Debt Shows Its Teeth as Rates Climb
Essay specific features
Written by:
Andrew A
Date added:
October 15, 2014
Level:
University
Grade:
A
No of pages / words:
4 / 1077
Was viewed:
1639 times
Rating of current essay:
Essay content:
Trade deficits are a problem that is solved by increasing exports and decreasing imports. Another option would be to use reserves to compensate for the deficit, but they will inevitably run out. America's pseudo solution to the problem was to look to foreign investors to support its rapid expansion.
"The U...
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trade deficit is the result of a net inflow of capital to the United States from the rest of the world. Because of the United States stable and relatively free domestic market, America remains the world's most popular destination for foreign investment. America has become a net importer of capital because Americans do not save enough to finance all the available investment opportunities in their economy...
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