Explain what a current account deficit means


Problem

Use the national income accounting definition GDP = C I G X to explain what a current account deficit (negative net exports) means in terms of domestic spending, production, and borrowing.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Explain what a current account deficit means
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