Problem
The USA has persistently reported large current account deficits on its balance of payments.
(a) How is the USA able to sustain this position?
(b) What problems (if any) does this situation pose for: (i) the USA? (ii) the rest of the world?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.