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布里斯班代写Essay:贸易赤字
2017-04-16 00:56
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布里斯班代写Essay:贸易赤字
The increasing trade deficit between China and the United States has created concern, controversy and a great deal of debate. One school of thought purports that the deficit, if left unchecked, will create a domino effect that will damage the U.S. economy and lessen the standard of living for Americans. Other economists believe that China is one small piece of a larger picture and that it is not necessary to force changes to the deficit. This paper will look at the situation, its economic implications and discuss why it is not necessary to worry too much about the trade deficit since it is primarily the result of high productivity in the U.S. attracting foreign capital.The United States is an established, strong and massive economic system. The U.S. trades its own currency and thus do not have to “borrow” from other currencies to create investments. The mature manufacturing, banking system and industry create stable and attractive investment for both U.S. and foreign investors. This maturity also leads to high productivity and combined with a solid and efficient baking system, creates a great deal of opportunity. It has been hypothesized that the deficit is caused by excessive foreign investment in the U.S., a dramatic difference between Americans’ and other nations’ savings rates and China’s fixing the price of the Yuan.
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