Social Sciences and the Law

Why does the U.S. have an unfavorable balance of payments?

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Since the late 1950s the United States has generally experienced an unfavorable balance of payments because of large-scale foreign aid, sizable U.S. investment in Europe, and major U.S. military investments abroad.

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Get more facts and information about balance of payments . Or, view the full encyclopedia entry from The Columbia Encyclopedia, Sixth Edition.

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