Business, 21.01.2021 22:10, Dezshanae4352

Trade deficits can be good for an economy if they reflect borrowing to finance current consumption. can be good for an economy if they reflect borrowing to finance productive capital investment. can be good for an economy if they reflect borrowing to finance a current government budget deficit. are never good for an economy.

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Trade deficits can be good for an economy if they reflect borrowing to finance current consumption....