Multiple Choice
Which of the following is not true about the U.S.twin deficits?
A) The U.S.is now the world's leading creditor
B) The U.S.borrows huge sums from abroad
C) Some critics blame U.S.fiscal policy for the switch from a creditor to a debtor nation
D) Japan and China are big buyers of U.S.Treasury securities
E) A debtor country becomes more beholden to those countries that supply credit
Correct Answer:

Verified
Correct Answer:
Verified
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