If foreign investment in the United States exceeds U.S. investment abroad, there is a_________ ; and when U.S. investment abroad exceeds foreign investment in the United States, there is_________ .
A) capital and financial account deficit; a capital and financial account surplus
B) current account surplus; an official accounts surplus
C) current account surplus; a current account deficit
D) capital and financial account surplus; a capital and financial account deficit
Correct Answer:
Verified
Q282: If the U.S. current account balance is
Q283: Q284: If the current account balance is -$100 Q285: If a country is importing more than Q286: An official settlements account balance of -$5,000 Q288: Suppose the current account of a 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