$\begin{array} { l c }
\hline \text { Variables } & \text { (billions of dollars) } \
\hline \text { Imports of goods and services } & 1,000 \
\text { Exports of goods and services } & 900 \
\text { Net interest } & - 100 \
\text { Net transfers } & 0 \
\text { Foreign investment in the United States } & 1,190 \
\text { U.S. investment abroad } & 1,000 \
\text { Decrease in U.S. official reserves } & 10 \
\hline
\end{array}$
The table above gives data on the U.S. balance of payments in 2019.
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Is the United States a debtor or a creditor nation in 2019?

Question

$\begin{array} { l c } 
\hline \text { Variables } & \text { (billions of dollars) } \
\hline \text { Imports of goods and services } & 1,000 \
\text { Exports of goods and services } & 900 \
\text { Net interest } & - 100 \
\text { Net transfers } & 0 \
\text { Foreign investment in the United States } & 1,190 \
\text { U.S. investment abroad } & 1,000 \
\text { Decrease in U.S. official reserves } & 10 \
\hline
\end{array}$
The table above gives data on the U.S. balance of payments in 2019.
-

Is the United States a debtor or a creditor nation in 2019?

Quizplus · Accepted Answer

The U.S. is a debtor nation because foreign investment in the U.S. ($1,190 billion) exceeds U.S. investment abroad ($1,000 billion), indicating a net inflow of foreign capital.

The Table Above Gives Data on the U