superdragonfire45
superdragonfire45 superdragonfire45
  • 14-09-2021
  • Social Studies
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How does the “global savings glut” help explain the trade deficit?

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ascalise697 ascalise697
  • 14-09-2021

Answer:

the trade deficit increased, interest rates were kept low, demand for capital and residential investment rose, and the incentive to save decreased in the United States.

Explanation:

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