THE UNITED STATES BALANCE OF PAYMENTS IN THE RECESSION.

The article discusses the balance of payments during the recession period in the U.S. The discussion includes the effect of the recession on economic development of other countries and the U.S., the analysis of change in the balance of payments, and the ways to improve the balance of payment position in the country. According to the author, the international economics experts agree that the recession in the country is bound to cause a serious recession in the rest of the world, and the recession in the United States is bound to cause a serious deficit in the balance of payments of the rest of the world with the U.S.