The speech, titled “The Global Saving Glut and the U.S. Current Account Deficit, ” offered a novel explanation for the rapid rise of the U.S. trade deficit in the early 21st century.

这次题为“全球储蓄过剩和美国经常项目赤字”的讲话，为21实际早期美国贸易赤字的迅速激增提供了一种全新的解释。

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The bonanza has the potential to end Australia's long-term current account deficit and push the country's international trade balance into surplus.

蕴藏丰富的矿藏有可能让澳大利亚摆脱长期的经常账赤字，并且推动其在国际贸易中获得盈余。

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The trade has also prolonged global imbalances by making it easier for countries such as America, Britain and Australia to finance their large current-account deficits.

由于套息交易的存在，美国、英国和澳大利亚等国家能够更为容易地弥补巨额的经常项目逆差，使得国际收支不平衡得以维继。

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The U.S. has had a trade and current account deficit for many years, so the matching of jobs created and lost through international trade may not have resulted in a perfect match because of export and import equality.

FORBES: Exports Create Better Jobs, But Not Necessarily More Jobs

Imports of the precious metal have been a major contributor to India's wide trade and current-account deficits.

WSJ: India May Consider More Steps to Curb Gold Imports

The current account is in surplus, but at some point a falling trade balance could send the current account into deficit, creating huge dangers and risk of macro financial market disruption.

FORBES: Mounting Japan Trade Deficits Raise Urgency of TPP, Japan-China-Korea, and Asean+6 Trade Talks