Is the U.S. Trade Deficit Caused by a Global Saving Glut by Marc LaBonte

Is the U.S. Trade Deficit Caused by a Global Saving Glut

Marc LaBonte

22 pages missing pub info (editions)

nonfiction politics
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The U.S. trade deficit is equal to net foreign capital inflows. Because U.S. investment rates exceed U.S. saving rates, the gap must be financed by foreign borrowing. Net capital inflows have grown over recent years to a record 6.6% of gross domes...

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