What are two major outcomes from the large U.S. trade deficits?
A) an increase in domestic consumption and U.S. indebtedness
B) a decrease in domestic consumption and U.S. indebtedness
C) an increase in domestic consumption and a decrease in U.S. indebtedness
D) a decrease in domestic consumption and an increase in U.S. indebtedness
Correct Answer:
Verified
Q273: What are the effects on U.S. imports
Q293: An inflow of investment funds into the
Q294: Proponents of the managed floating exchange rate
Q296: A trade deficit for the United States
Q297: Which system would be accompanied by occasional
Q299: As the economy recovers from a recession,
Q300: Which of the following was not something
Q301: Explain what foreign exchange reserves are and
Q302: Explain the basic difference in a fixed
Q303: What are the implications of persistent U.S.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents