In 2008, the United States had
A) a current account surplus because imports were greater than exports.
B) a capital account deficit because exports were greater than imports.
C) a current account deficit because imports were greater than exports.
D) no change in U.S.official reserves.
E) a current account deficit and a capital account deficit.
Correct Answer:
Verified
Q1: The record of international receipts and payments
Q2: The capital account is the record of
A)
Q3: Interest received from U.S.holdings of foreign assets
Q5: When a U.S.company makes a $200,000 donation
Q6: The current account is the record of
A)
Q7: The trade between countries is recorded in
Q8: If the current account balance is negative,
Q9: If the current account balance is -$100
Q10: Suppose you own some German government bonds
Q11: When a U.S.company purchases $1 million worth
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