Multiple Choice
Two of the implications of large U.S. trade deficits for the United States are
A) decreased current consumption and decreased indebtedness to foreigners.
B) reduced budget deficits and decreased indebtedness to foreigners.
C) reduced current consumption and higher saving.
D) increased current consumption and increased indebtedness to foreigners.
Correct Answer:
Verified
Correct Answer:
Verified
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