In recent years, the U.S. has run a _____ in goods trade and a _____ in services trade.
A) balance, balance
B) deficit, deficit
C) surplus, surplus
D) deficit, surplus
E) balance, deficit
Correct Answer:
Verified
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
Q27: The U.S.:
A) usually has a trade deficit
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
Q33: Which of the following transactions would not
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