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When an American buys a factory in China, the transaction is registered a credit in the U.S. capital account.

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When an American buys a factory in China, the transaction is registered a credit in the U.S. capital account.

Question 1.

A current account deficit means that foreigners do not like our goods.

▸ true

▸ false

Question 2.

When an American buys a factory in China, the transaction is registered a credit in the U.S. capital account.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

Read 55 times

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Kaajalp

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More solutions for this book are available here

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Clement Author

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This helped my grade so much

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Kaajalp

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