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Question #47354

The Phrase “twin deficits” refers to ?

Options:

A) A country’s trade deficit and its government budget deficit

B) The fact that if a country has a trade deficit, its trading partners must also have trade deficits

C) the equality of a country’s saving deficit and its investment deficit

D) a country’s trade deficit and its net capital outflow deficit

Answer: The Phrase “twin deficits” refers to A country’s trade deficit and its government budget deficit.

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