Economics of International Trade What triggered the debt crisis in 1982? Why do you suppose the U.S. has experienced a trade deficit with the rest of the world since 1982 to the present? A recession in the United States is likely to raise the growth of real GDP in Europe. Do you agree or disagree with this statement, and why or why not? Money and Capital Markets Why have so many consumer bankruptcies occurred in recent years? How might those bankruptcies been prevented? How has the federal government’s intervention over the past several decades changed the structure and operation of the home mortgage market? For what reason(s) has all of this been done?
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