The global saving glut contributes to large current account _____ in the contributing countries of loanable funds.

Question

Quizplus · Accepted Answer

The global saving glut refers to a situation where there is an excess supply of saved funds in countries like China, Japan, and Germany. These funds are then invested in other countries, leading to a large current account surplus in these contributing countries. Therefore, the best choice is B, surpluses.

The Global Saving Glut Contributes to Large Current Account _____