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Assume a U firm buys (imports) $5 millionExperience Tradition/tutorialoutledotcom

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Assume a U firm buys (imports) $5 millionExperience Tradition/tutorialoutledotcom

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  1. Distributed Systems Inspiring Minds/tutorialoutletdotcom FOR MORE CLASSES VISIT www.tutorialoutlet.com

  2. Distributed Systems Inspiring Minds/tutorialoutletdotcom Assume a U. firm buys (imports) $5 million (in U. dollars) of foreign goods. That transaction by itself increases the trade deficit by $5 million FOR MORE CLASSES VISIT www.tutorialoutlet.com • Assume a U.S. firm buys (imports) $5 million (in U.S. dollars) of foreign goods. That transaction by itself increases the trade deficit by $5 million. But, the $5 million will flow back to the United States to purchase either (i) U.S. goods and services or (ii) U.S. assets.

  3. Distributed Systems Inspiring Minds/tutorialoutletdotcom

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