Answer the below question/topic using a U.S. perspective. 500+ words + citations

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Answer the below question/topic using a U.S. perspective. 500+ words + citations. Use the following ebook URL. (Chapters 11, & 16) …. https://kettine.com/?download_file=367190&order=wc_order_mWKH64FsdLJfx&uid=69b93f3e48f9ab22c60bdd4dbcb958ac2f66045f9be3eaf1ea250d23033203c7&key=0f4f2d1e-e300-45eb-b732-f514eeb75436 …. Can also the following news articles….
https://bea.gov/newsreleases/international/transactions/transnewsrelease.htm
https://www.forbes.com/sites/timworstall/2016/12/16/apples-service-exports-mystery-and-why-the-trade-deficit-simply-does-not-matter/#6441f7c03934

Trade Deficits Don’t Matter – Unless Caused by Government


https://www.forbes.com/sites/nathanlewis/2020/07/10/modern-monetary-theory-goes-mainstream/#529d6fb221e5
Topics/Questions
After reviewing the most current data for the U.S. Balance of Payments and its Balance of Trade, please give your substantiated opinion on the following:
How dangerous is for the U.S. to run a trade deficit?
Does the size of the deficit matter?
Is the deficit balanced by any surplus in the Balance of Payments, presently or in the foreseeable future?
What could the Government or Private Enterprises do to maintain a competitive hedge for the U.S. Economy?

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