Multiple Choice
The U.S. trade deficit has been mainly caused by:
A) production of inferior goods in the U.S.
B) unfair trade restrictions imposed by other countries on imports.
C) a low rate of national saving.
D) cheap labor in other countries.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q60: If the principal amount of a bond
Q61: When the interest rate on newly issued
Q62: Which of the following events will decrease
Q63: An economy with a trade surplus must
Q64: When the Chinese government buys U.S. government
Q66: Privately-owned firms that accept deposits from individuals
Q67: When a Peruvian buys a U.S. government
Q68: Stock prices increase when expected future dividends
Q69: In an open economy with a given
Q70: Suppose you have $200 with which you