Multiple Choice
When Americans ________ their net holdings of foreign assets,this change is recorded as a net U.S. acquisition of financial assets in the financial account. When foreigners ________ their net holdings of U.S. assets,this change is recorded as a net U.S. incurrence of liabilities.
A) increase;increase
B) increase;decrease
C) decrease;increase
D) decrease;decrease
Correct Answer:

Verified
Correct Answer:
Verified
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