Multiple Choice
If the U.S.purchased $100 billion in foreign assets and foreigners purchased $50 billion of U.S.assets,which of the following is true?
A) Net exports equal -$50 billion.
B) Exports total $100 billion.
C) There is a trade deficit.
D) Net exports equal $50 billion.
E) Imports total $50 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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