What Might Be Inferred If a Nation Has a Continual

question 201

Short Answer

What might be inferred if a nation has a continual deficit in its balance of payments?

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Definitions:

Maine

A U.S. state located in the northeastern part of the country, known for its scenic coastlines and maritime history.

Northwest Ordinance

A significant law passed by the United States Congress in 1787 that provided a method for admitting new states to the Union from the Northwest Territory.

Northwest Territory

A historical region encompassing the area near the Great Lakes and the upper Mississippi River that was organized under United States governance post the American Revolutionary War.