Finc 620 as2 | Business & Finance homework help
The current account deficit in the United States is a significant concern due to its continued growth since 2006. The US current account deficit reached an all-time high of $860 billion in 2018, representing 4 percent of GDP. This is particularly worrying because it means that the US is relying heavily on foreign investors to finance government spending and other investments. If this trend continues, it could lead to negative economic consequences for both the US and its trading partners, as well as a decline in international confidence in US currency and financial assets.
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