Multiple Choice
Which of the following is true about the occurrence of the twin deficits?
A) They always occur together.
B) They only occur when exchange rates are fixed.
C) They did not occur in Canada between 1997 and 2007.
D) They occur consistently in all the economies of the world except Canada.
E) They only occur during large expansions.
Correct Answer:
Verified
Correct Answer:
Verified
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