The U.S.:
A) usually has a trade deficit in goods and services.
B) usually has a trade surplus in goods and services.
C) usually has a surplus in trade in goods.
D) usually has a deficit in trade in services.
E) usually has zero remittances.
Correct Answer:
Verified
Q22: Reducing a current account deficit requires:
A) increasing
Q23: A trade deficit _ the indebtedness of
Q24: A record of all economic transactions between
Q25: In 2013, the U.S. had a:
A) current
Q26: The balance of payments is:
A) positive when
Q28: In recent years, the U.S. has run
Q29: Suppose a German resident buys a U.S.
Q30: An example of a unilateral transfer would
Q31: A deficit in a country's current account
Q32: A current account deficit:
A) implies the country
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