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Thursday, November 3, 2011

Opinion - Al Jazeera English: America's other 87 deficits

"The United States has a classic multilateral trade imbalance. While it runs a large trade deficit with China, it also runs deficits with 87 other countries. A multilateral deficit cannot be fixed by putting pressure on one of its bilateral components. But try telling that to the US' growing chorus of China bashers."

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