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24 April, 03:29

A country can have a trade deficit as long as it can

make loans to other countries

borrow from or sell assets to foreigners

purchase foreign assets

produce more than it consumes

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  1. 24 April, 04:56
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    Generally speaking, a country can have a trade deficit as long as it can " borrow from or sell assets to foreigners," since this means that the country in question still has enough goods to sustain itself.
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