The current account deficit run by the United States during the past 20 years has been accompanied by:

Question

Quizplus · Accepted Answer

A current account deficit occurs when a country imports more goods and services than it exports, which means that it is sending money out of the country. In order to finance this deficit, the country must borrow or sell assets to the rest of the world, which is known as exporting assets. Therefore, choice B is the correct answer. The other choices are not necessarily true or directly related to the current account deficit.

The Current Account Deficit Run by the United States During