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Critical Reasoning (CR) | Re: Neither a rising standard of living nor balanced trade, by itself, est

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Dinesh654 wrote:
Hello experts,ReedArnoldMPREP ThatDudeKnows

I am not able to understand this-
acc. to the passage, trade deficits can be balanced when S.O.L. decreases.

which exactly is B--> should be the answer.

"Both are required simultaneously since standards of living can rise because of growing trade deficits" -- 1
and "trade can be balanced by means of a decline in a country's standard of living."--2

how these two equations relate with each other?

I think, I am
...

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