In recent years, the United States has run a deficit in its current account.
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Q10: Under a fixed exchange rate system, if
Q11: Most of the current account deficit is
Q12: The balance of payments is only occasionally
Q13: If an exchange rate is above the
Q14: If the yen depreciates, it now takes
Q16: The largest debtor nations are less-developed countries.
Q17: The increase in foreign ownership in the
Q18: A current account deficit is usually the
Q19: The current account contains imports, exports, and
Q20: If GDP in the U.S. rises, the
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