Quote from: Finance Topic

To finance this trade deficit, the U.S. has to borrow from the rest of the world or sell American assets like stocks, businesses, and real estate to the rest of the world.


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Author Bio


  • NameMartin Feldstein
  • DescriptionAmerican economist
  • BornNovember 25, 1939
  • CountryUnited States Of America
  • ProfessionEconomist
  • AwardsAdam Smith Award