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dlinn [17]
3 years ago
8

How does the “global savings glut” help explain the trade deficit?

History
1 answer:
Pavlova-9 [17]3 years ago
4 0

Answer:

Are U.S. trade deficits caused by high foreign saving—a global saving glut—or low domestic saving—a domestic saving drought? To answer this question, I conduct a wedge accounting analysis of U.S. trade balance

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