The United States is a "debtor nation." What does this mean?
A) the nation has a whole owes more money to foreign countries than foreign countries owe to the United States.
B) the US government owes more money to foreign governments than foreign governments owe to the United States government.
C) individual households in the US owe more money to households in foreign countries than households in foreign countries owe to US households.
D) US businesses owe more money to foreign businesses than foreign businesses owe to US businesses.
Correct Answer:
Verified
Q47: A stock market bubble occurs when
A) prices
Q48: A free trade zone is defined as
A)
Q49: A government budget deficit occurs when
A) the
Q50: During the 1970s and 1980s,
A) the US
Q51: What is "global capitalism?"
A) capitalism that exists
Q53: What is UNICEF?
A) the United Nations International
Q54: The purpose of the World Bank is
A)
Q55: The International Monetary Fund provides loans subject
Q56: In 1898, the United States fought a
Q57: The text describes World War II as
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