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The United States' August,2012 Exports Were $181

Question 198

Multiple Choice

The United States' August,2012 exports were $181.3 billion and its imports were $225.5 billion.During this month,the United States was


A) an international borrower of funds from the rest of the world.
B) an international lender of funds to the rest of the world
C) neither an international borrower or lender because the U.S. government lends money for any trade imbalance
D) Not enough information is provided to determine whether the United States was an international borrower or lender

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