U.S. is a problem for the economy
Project description
The media and others suggest that the current account deficit run by the U.S. is a problem for the economy.
Respond to the following questions:
¢Do you think that the current U.S. deficit is a problem? If so, why so? If not, why not?
¢What action(s) would you advise federal government officials to take on this issue?
¢Define and explain what the Current Account Deficit is.
¢Define and explain what a Current Account Surplus is. When was the last time in the recent past when there was a Current Account Surplus?