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Critical Thinking | Schoology
"Can the United States Continue to Run Current Account Deficits Indefinitely?" Apply the same concepts to the EU's balance of payments. At its current levels, is it sustainable in the long term? Does the United States's unique position in the world economy allow the country to safely run persistent external deficits?
Can persistent U.S. deficits in the current and payments accounts be adjusted without bringing about economic recession or crisis?
Your paper should be 4-6 pages in length, not including the title or reference pages, and conform to APA Requirements
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