Identify the correct statement.
A)The United States was an international net debtor from the end of World War I until the mid-1980s.
B)The United States was an international net creditor from the end of World War I until the mid-1980s.
C)In 1945, the United States became an international net debtor for the first time in almost 70 years.
D)In 1985, the United States became an international net creditor for the first time in almost 70 years.
E)The net creditor status of the United States has grown steadily since 1985.

Question

Quizplus · Accepted Answer

The statement that says "The United States was an international net creditor from the end of World War I until the mid-1980s" is the correct one. This means that the US had a positive net investment position during that time, with more assets owned overseas than liabilities owed to foreign entities.

Identify the Correct Statement