A nation that is a net borrower each year over time will become a ________ nation. A nation that is a net lender each year over time will become a ________ nation. Since the early 1980s, the United States has been a ________ due to the current account ________.
A) debtor; creditor; net lender; surpluses
B) creditor; debtor; net lender; surpluses
C) creditor; debtor; net borrower; deficits
D) debtor; creditor; net borrower; deficits
E) creditor; debtor; net lender; deficits
Correct Answer:
Verified
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
Q70: Looking at the U.S.balance of payments from
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