U.S. imports have contributed to the growth of output and employment in many countries around the world.
U.S. imports have contributed to the growth of output and employment in many countries around the world.
To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.
The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.
© 2020 Inspirational Stories
© 2020 Inspirational Stories