Multiple Choice
China runs a current account surplus with the United States.Which of the following must be true about China's balance of payments with the United States?
A) It must run a financial account deficit.
B) Its balance of trade must be in deficit.
C) Its net exports must be negative.
D) Its balance of payments must run a deficit.
Correct Answer:

Verified
Correct Answer:
Verified
Q187: Which of the following would you expect
Q188: If you know that a country's net
Q189: The level of saving in the United
Q190: Based on the following information,what is the
Q191: Figure 18-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 18-1
Q193: An increase in U.S.federal government budget deficits
Q194: Which of the following is not "crowded
Q195: When the United States sends money to
Q196: Net exports equals the balance of trade
Q197: Based on the following information from a