Which of the following statement is true?
A) The United States has run a current account deficit since the early 1990s.
B) The United States has run a negative balance in goods and services since the early 1990s.
C) The United States has run a positive balance on income for several decades.
D) all of the above
E) none of the above
Correct Answer:
Verified
Q19: The financial account of the balance of
Q20: When the United States experiences a trade
Q21: The balance on the current account:
A) has
Q22: Flexible exchange rates mean that:
A) currency exchange
Q23: In a regime of flexible exchange rates,
Q24: Generally speaking, stronger growth in the United
Q25: The balance of payments:
A) equals real GDP
B)
Q26: The "dark matter" proposition:
A) is used to
Q27: Which of the following is a determinant
Q28: Currency forward, futures, and options contracts:
A) evolved
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