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Author Question: Briefly describe the factors that contributed to the U.S. Current Account deficits of the 1990s. ... (Read 96 times)

saliriagwu

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on: Jun 30, 2018
Briefly describe the factors that contributed to the U.S. Current Account deficits of the 1990s.
 
  What will be an ideal response?

Question 2

The existence of positive externalities due to the impossibility of full appropriability
 
  A) supports the conclusions of the Heckscher-Ohlin model.
  B) rejects the usefulness of government protectionism.
  C) supports the concept that the government should support only high-tech industries.
  D) provides support for government protectionism.
  E) supports arguments for free trade.


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vickyvicksss

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Rapid U.S. economic growth raised income and import demand; economic growth was low or negative for U.S. trading partners, depressing export demand.

Answer to Question 2

D


saliriagwu

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Reply 2 on: Jun 30, 2018
:D TYSM

bigsis44

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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