US External Deficits

Feb 3rd, 2012
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The United States is among the nations that have the largest deficit. The deficit on the recent account of the balance of payments increased from 474 billion USD in 2002 to 531 billion USD in 2003 and was anticipated to reach over USD 600 billion in 2004(Deutshche Bank Research, 2014) . A question on whether USA will be able to control the persistent deficit has been answered in several ways.

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