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Magnitude of the deficit in the us balance

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The United States is a net exporter of services to China. What does this imply about the magnitude of the deficit in the U.S. balance on goods and services with China compared with the size of the US merchandise trade deficit with China?

Why does a portion of Chinese residents'expenditures on goods and services exported from the United States to China likely add to the earnings of Chinese firms and those firms managers and workers.?

Answers only have to be about 3 sentences each

Reference no: EM131488234

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