Multiple Choice
Suppose that country A's citizens, firms, and governments own $750 billion of assets in other countries and that foreign citizens, firms, and governments own $850 billion of assets in country A. This situation indicates that country A has a __________ of __________.
A) balance-of-payments deficit; $100 billion
B) balance-of-payments surplus; $100 billion
C) net international investment position; minus $100 billion
D) net international investment position; plus $100 billion
Correct Answer:
Verified
Correct Answer:
Verified
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