Significant amounts of United States Treasury issues are purchased by foreign investors; therefore, the U.S. must earn foreign currency to repay this debt.

Name: Significant amounts of United States Treasury issues are purchased by foreign investors; therefore, the U.S. must earn foreign currency to repay this debt.
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Question

Quizplus · Accepted Answer

The U.S. repays its debt in its own currency, the U.S. dollar, which it can issue, rather than needing to earn foreign currency.

Significant Amounts of United States Treasury Issues Are Purchased by Foreign