Would a change toward an export-driven economy be more beneficial for the U.S.? Any brief thoughts?© BrainMass Inc. brainmass.com June 3, 2020, 11:29 pm ad1c9bdddf
A move toward an export driven economy would be more beneficial for the U.S. economy, as the arguments of some economists are. With a more export driven economy the balance of payments or BOP, which is the measure of the outflow and inflow of payments for transactions between the United States and the rest of the world, would then favor inflows to the U.S. Hence, a more ...
The solution answers if a change toward an export-driven economy be more beneficial for the U.S.