Discusses causes, growth rates, assets, foreign ownership of U.S. property, consumer spending, balance of trade, imports & exports and possible solutions.
Written in 1989; 4,050 words; 18 sources; $ 135.95
From the Paper:
"This research examines the external deficit of the United States (US). The world's press provides a continuing stream of reports relative to the external debt of developing countries. Little has been reported, however, on (1) the emergence of the US as a debtor nation in 1985 (Rubenstein, 1988, p. 14), (2) the growth of the external deficit of the US in 1986 to the point where the US had (and continues to have) the largest external deficit of any country (Nussbaum, 1987, pp. 160-161, 163), and (3) the potential for the US external deficit to either equal or exceed that of all other countries combined by some point in the early.1990s (Nasar, 1988, pp. 77-79).
The findings of this research are presented in three separate discussions. In the first of these discussions, the (...)"
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