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The position of the United States current account balance in 2009 was

Chako

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The position of the United States current account balance in 2009 was

The position of the United States current account balance in 2009 was
A) borrowed over 9 percent of its GNP, leading to a large current account deficit.
B) achieved a currant account balance of zero.
C) borrowed less then 5 percent of its GNP, leading to a large current account surplus.
D) lent over 6 percent of its GNP, resulting in a large current account surplus.
E) borrowed over 10 percent of its GNP, leading to a large current account deficit.

Textbook

International Economics: Theory and Policy

Edition: 10^th

Author: Krugman

Read 184 times

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machukian

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Chako Author

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8 years ago

Correct!

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machukian

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8 years ago

Good luck

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