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    Microeconomics Study Set 45
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    Exam 27: The Balance of Payments, Exchange Rates, and Trade Deficits
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    Which of the Following Has Contributed to Large U
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Which of the Following Has Contributed to Large U

Question 306

Question 306

Multiple Choice

Which of the following has contributed to large U.S. trade deficits in recent years?


A) China fixing its exchange rate
B) rapid decreases in the price of oil that have triggered dramatic increases in oil imports
C) a rising U.S. saving rate
D) All of these have contributed.

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