If the United States had a financial account deficit of $50 billion,we could say the United States had
A)net imports of $50 billion.
B)net foreign borrowing of $50 billion.
C)acquired net foreign assets of $50 billion.
D)a current account deficit of $50 billion.

Question

Quizplus · Accepted Answer

A financial account deficit indicates that the country is acquiring more foreign assets than it is selling, meaning the U.S. acquired net foreign assets of $50 billion.

If the United States Had a Financial Account Deficit of $50