In 2016, the $481 billion deficit on the U.S. current account was offset by a surplus of $406 billion on financial account. This difference is the result of a:
A) budget deficit.
B) statistical discrepancy.
C) trade deficit.
D) national debt.
Correct Answer:
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Q24: Money flows into the United States from
Q25: A deficit in the current account means
Q26: A current account surplus occurs when:
A) the
Q27: Money flows into the United States from
Q28: A Peruvian financial investor purchases a sporting
Q30: A current account surplus is generally a
Q31: If a country has a positive balance
Q32: The balance between spending flowing into a
Q33: A current account deficit is generally a
Q34: A financial investor from Los Angeles purchases
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