Why us-s persistent current account deficit not get reduced


How does theory hypothesize that a current account trade deficit will be resolved? Why does the US's persistent current account deficit not get reduced this way, meaning what other factors are in play? What is the impact on the macroeconomy of the persistent current account deficit?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Why us-s persistent current account deficit not get reduced
Reference No:- TGS051050

Expected delivery within 24 Hours