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Social Studies, 13.01.2020 19:31 tia5520

The major causes of the large u. s. trade deficits between 1997 and 2007 include
a. an increase in the saving rate and an increase in exports to china.
b. economic growth in other nations has outpaced the united states and a decrease in the saving rate.
c. an increase in imports resulting from economic growth and a decline in the saving rate.
d. increasing oil prices and increased imports by china.

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The major causes of the large u. s. trade deficits between 1997 and 2007 include
a. an increa...
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