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When the United States Has a Deficit on Its Current

Question 101

Multiple Choice

When the United States has a deficit on its current account,this means that


A) the dollar value of goods exported must exceed the dollar value of goods imported.
B) in this year,Americans supplied more dollars than were demanded by foreigners for purchasing American goods and services and for interest and investment income.
C) in this year,Americans supplied fewer dollars than were demanded by foreigners for purchasing American goods and services and for interest and investment income.
D) the dollar value of goods imported must exceed the dollar value of goods exporteD.

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