A net borrower is a country that___________ , while a net lender is a country that___________ .
A) decreases its stock of outstanding foreign debt; lends more than it borrows
B) borrows more than it lends; lends more than it borrows
C) borrows more than it lends; owes more to foreigners than foreigners owe to it
D) lends more than it borrows; borrows more than it lends
Correct Answer:
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Q320: Q321: Since the mid 1980s, the United States Q322: All of the following are a current Q323: The main item in the current account Q324: A country that borrows more from the Q326: If net interest and net transfers are Q327: Today, the United States is a Q328: The current account balance is defined as Q329: If U.S. net exports are positive, Q330: Which of the following are included in
I. net
A)
A) the
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