Multiple Choice
A debit in the U.S.current account would be represented by
A) earnings on U.S. investments abroad flowing into the United States.
B) gifts that Americans make to the poor in Africa.
C) Chinese investors purchasing the securities of the U.S. government.
D) exports of Boeing jetliners to South Korea.
Correct Answer:
Verified
Correct Answer:
Verified
Q18: What are the components of the current
Q19: The U.S.has a balance of trade deficit
Q20: Which balance-of-payments item does not directly enter
Q21: For the United States, the largest component
Q22: A current account deficit for the United
Q24: In recent years, the two largest holders
Q25: Most economists contend that any reduction in
Q26: The United States realizes several benefits from
Q27: The current account of the United States
Q28: For the United States, a loss in