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A Friend Claims That the United States Is a Net

Question 16

Multiple Choice

A friend claims that the United States is a net international debtor.The best way of testing this claim is to see whether


A) U) S. foreign liabilities exceeded U.S. foreign income.
B) U) S. receipts from foreign assets exceeded U.S. payments to foreign owners of U.S. assets.
C) U) S. official reserve assets were positive or negative.
D) the United States ran a balance of payments surplus or deficit last year.

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