What are the factors affecting the internal and external balance of the economy of a country? Why do countries try and achieve this internal and external balance?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 24RQ: In recent decades, has the U.S. trade balance usually been in deficit, surplus, or balanced?
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What are the factors affecting the internal and external balance of the economy of a country? Why do countries try and achieve this internal and external balance?

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