Read the case “Recent U.S. BOP Performance: Is the Sky Falling?” at the end of chapter 7 and answer case questions. For each question, please include an explanation of your answer. For each firm/group listed in question #3, indicate its (their) likely point of view, explaining your reasoning. In addition, for question #3, please include your personal viewpoint on this issue; i.e., do you endorse the “sky is falling” point of view regarding the U.S. balance of payments?
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