Issues in International Political Economy - Risks of U.S. Macroeconomic Policy - April 2005, Number 64

Newsletter by Sidney Weintraub

Published April 15, 2005

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The U.S. current account deficit is projected to reach 5.7 percent of gross domestic product this year. This means that the United States is laying out about $700 billion more on foreign goods, services, and net interest payments than it is currently earning from its transactions with the rest of the world.

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Economics

Sidney Weintraub