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On analyzing the position and views of Barak Obama concerning the economic development of the US at large and its foreign economic policy in particular, it should be pointed out that he perfectly realizes the current problems the American economy faces at the moment. In fact, it is not only the recession, but also the negative trends in the foreign economic policy and international economic relations of the US with other countries of the world.
To put it more precisely, Barak Obama agrees that 7% deficit of Gross Domestic Product is the largest trade deficit of the US, which has never been higher (Barak Obama’s Economic Agenda, 2008)...
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