Multiple Choice
If the United States is running persistent trade deficits now,
A) it must make loans to the rest of world.
B) it is expected to run trade surpluses at some point in the future.
C) it is expected to run trade surpluses now.
D) it must increase its money supply to buy imports.
E) it must run a government budget deficit.
Correct Answer:
Verified
Correct Answer:
Verified
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