Multiple Choice
The trade deficits of the 1980s and 1990s reflect American desire for foreign
A) assets and foreign desire for American goods and services.
B) goods and services and foreign assets.
C) goods and services and foreign desire for American assets.
D) assets now and foreign goods and services in the future.
Correct Answer:

Verified
Correct Answer:
Verified
Q62: A nation's currency is said to appreciate
Q63: Protectionism may reduce imports, and it will
Q64: Appreciations or depreciations in currency change international
Q65: Since the U.S.economy expanded rapidly from 1992
Q66: From 1992, America's trade performance was marked
Q68: Why is monetary policy more effective in
Q69: Because one country's imports are another country's
Q70: The principal reason why Thailand, Indonesia, and
Q71: The sum of current account surplus and
Q72: The government budget deficit must be equal