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Unfair trade practices by foreign countries

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Reference no: EM133021807

According to popular opinion, U.S. trade deficits indicate any or all of the following: a lack of U.S. competitiveness owing to low productivity or low-quality products and/or low wages, superior technology and unfair trade practices by foreign countries. Which of those factors is likely to underlie the persistent U.S. trade deficits? Explain.

Reference no: EM133021807

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