Assignment:
Q1. China’s overall saving rate is now nearly 50% of GDP, the highest in the world. China’s domestic investment rate, at 43%, is also high, but not as high as its saving rate. What do these facts imply about China’s current-account balance?
Q2. 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 lower 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.
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.