Intertemporal trade deficits and surpluses reflect:

Question

Quizplus · Accepted Answer

Intertemporal trade deficits and surpluses indicates international lending and borrowing, as countries lend or borrow to balance their trade deficit or surplus. The other options, such as movements in money across borders, differences in interest rates, and differences in preferences may be factors that contribute to this borrowing and lending, but they are not the direct cause of intertemporal trade balances.

Intertemporal Trade Deficits and Surpluses Reflect