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The current account deficit is equal to about 5 percent of the total American economy.
We need that capital because of the huge current account deficit this country is running.
Similarly, there is no easy way to deal with the trade and current account deficits.
In a sense, the current account deficit is an indicator of strength.
Inflation and the current account deficit would decline by mid-1996.
A current account deficit is not always a problem.
A. If we win the war, it will be easier to finance the current account deficit.
The main question is this: How much will the current account deficit affect the dollar?
So, he says, "It may not take much to get the markets focused back on the current account deficit."
"The textbook question is, Are large current account deficits sustainable over time?"
What's more, the current account deficit kept growing for two years after the Plaza accord.
The current account deficit hit a high of $153.96 billion in 1987.
Low levels of national savings also contribute to high current account deficits.
That means the current account deficit will not be much better than last year's $1.4 billion.
This is to be contrasted with enormous current account deficits.
However, we are still suffering from a very large current account deficit and this amount has to be financed.
Net foreign investment is indeed the mirror image of the American current account deficit.
At the same time, the current account deficit narrowed.
But it is still, at first sight, hard to understand how China can attract so much foreign investment without running a large current account deficit.
Accordingly, it follows that he should be concerned about the current account deficit as a matter of public policy.
He agrees that the current account deficit is a drag on the dollar.
The main problem with this argument is the consequence of a current account deficit for the exchange rate.
New Zealand's persistent current account deficits have two main causes.
It is the developed countries that are running the big current account deficits, led, of course, by the United States.
The Fed chairman said he was concerned about the expansion of the trade and current account deficits.