But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries.

Martin Feldstein

Account Adverse Because Borrowing Competitive Countries Currency Current Deficit Dollar Effects Finance Followed More Move Other Other Countries Our Own States United United States Without

Related Quotes

The United States is the least protectionist country in the world but has the largest trade deficit, while other countries are highly protectionist and have huge trade surpluses. This cannot continue.

— Wilbur Ross

CannotContinueCountries

Compared to the United States and certainly a lot of other countries around the world... per year, Australians do see more films.

— David Pratt

AroundAustraliansCertainly

In the United States, viewers don't get to see a lot of things we can show in other countries. We didn't get to show our naked Twister game from Wild On Jamaica, but we definitely filmed it.

— Brooke Burke

CountriesDefinitelyGame

The more competitive value of the dollar turned around the trade deficit.

— Martin Feldstein

AroundCompetitiveDeficit

As the treaty made with the United States was the first treaty entered into by your country with other countries, therefore the President regards Japan with peculiar friendliness.

— Townsend Harris

CountriesCountryEntered