US current account trade deficit narrows

The article is about US current account trade deficit getting restricted in the last three months of the year 2012. It could do only a little since the deficit for the entire year could not be brought under control. The American earnings slightly improved due to the restriction of deficit. The current account is closely watched by economists since that would help them in predicting how much they need to borrow from foreigners.

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US current account trade deficit narrows