In 2006, the U.S. net international investment position was negative $2.5 trillion. This means that the amount of:
A) U.S. holdings of foreign assets were less than the foreign holdings of U.S. assets by $2.5 trillion.
B) U.S. holdings of foreign assets were $2.5 trillion.
C) the foreign holdings of U.S. assets were $2.5 trillion.
D) U.S. holdings of foreign assets exceeded the foreign holdings of U.S. assets by $2.5 trillion.
Correct Answer:
Verified
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