Solved

Which of the Following Is True

Question 67

Multiple Choice

Which of the following is true?


A) The U.S. current account deficit is a financial obligation of the federal government.
B) A nation cannot run a current account deficit over a long period.
C) A country with relatively poor (compared with other countries) domestic investment opportunities and a high saving rate will tend to run a current account deficit.
D) A country with highly attractive (compared with other countries) domestic investment opportunities and a low saving rate will tend to run a current account deficit.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions