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When US Residents Sell Assets Abroad, They Are in Essence

Question 137

Multiple Choice

When U.S. residents sell assets abroad, they are in essence


A) borrowing money, and foreign debts to the United States decrease.
B) borrowing money, and foreign debts to the United States increase.
C) lending money, and foreign debts to the United States decrease.
D) lending money, and foreign debts to the United States increase.

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