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The Position of the United States Current Account Balance in 2015

Question 52

Multiple Choice

The position of the United States current account balance in 2015 was


A) lent roughly 6 percent of its GNP, resulting in a large current account surplus.
B) borrowed roughly 3 percent of its GNP, leading to a large current account deficit.
C) achieved a currant account balance of zero.
D) borrowed roughly 10 percent of its GNP, leading to a large current account deficit.
E) borrowed less then 5 percent of its GNP, leading to a large current account surplus.

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