In the 1980s,the United States on net ________ foreign nations so that its private firms could absorb through domestic investment ________ goods than what was being left for them by national saving.

Question

Quizplus · Accepted Answer

The question states that the US "absorb[ed] through domestic investment more goods than what was being left for them by national saving." This implies that the US was consuming more than it was saving, which means it was running a trade deficit. The only answer choice that reflects this is A, which says the US "borrowed from" foreign nations.

In the 1980s,the United States on Net ________ Foreign Nations