Looking at the U.S.balance of payments from 1980 to 2008, we see that the
A) current account was positive until 1992 then turned negative.
B) current account has been negative for most years and was small in the late 1980s and early 1990s.
C) capital account has been negative for most years and was small in the late 1980s and early 1990s.
D) official settlements account was large in the 1980s relative to the current account.
E) current account was negative until 1992 then turned positive.
Correct Answer:
Verified
Q65: Which of the following has not changed
Q66: A nation that currently has a surplus
Q67: Which of the following is true?
A) Most
Q68: Between 1981 and 2008, the United States
A)
Q69: A country reports exports minus imports of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents