Explain what are the potential secondary effects

Reference no: EM13237572

Trade Deficit and Surplus

A.Based on the National Accounts, what policies would you implement to eliminate a NX<0? What are the potential secondary effects?

B.What relationship exists, if any, between National Defense and NX?

C.What relationship exists, if any, between NX and crowding out?

Reference no: EM13237572

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