2nd version – Macroeconomics Writing Assignment: US Trade Deficits

Please answer the following two questions:
Question 1: The US Economy is experiencing a huge trade deficit over last few decades. Explain the causes and consequences of this trade deficit on the US economy.
Question 2: Under what circumstances the trade deficit is really bad and under what circumstances the trade deficit is not too bad? Explain.

Each question should be at least two pages long. Use 11 point font Times New Roman.

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