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Some people recommend that the United States impose restrictions on imports in order to reduce its current account deficit When is this approach likely to be effective Explain your answer in terms

Some people recommend that the United States impose restrictions on imports in order to reduce its current account deficit. When is this approach likely to be effective? Explain your answer in terms of the national income identity CA = (Sp – I) + (T – G).

Apr 06 2020 View more View Less

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