To what extent should a government take action if a country such as the USA or UK has a persistent deficit ?

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To what extent should a government take action if a country such as the USA or UK has a persistent deficit ?

To what extent should a government take action if a country such as the USA or UK has a persistent deficit on its current account of the balance of payment?

2006-11-11 19:19:56 · 2 answers · asked by Anonymous in Social Science ➔ Economics

2 answers

Absolutely nothing as long as debts are being serviced.

2006-11-11 19:23:04 · answer #1 · answered by Sanmigsean 6 · 0⤊ 0⤋

Balance the government budget, or run a surplus.

2006-11-12 09:20:32 · answer #2 · answered by meg 7 · 0⤊ 0⤋