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Chako Chako
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Posts: 2948
8 years ago
The balance of payments has become a central issue for the United States because
A) the U.S. never experienced a surplus in its balance of payments.
B) when the balance of payments is not balanced, society is unbalanced.
C) the U.S. economy cannot grow when the balance of payments is in deficit.
D) the U.S. once ran a large trade surplus of about $40 billion.
E) the U.S. has run huge trade deficits in every year since 1982.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 198 times
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Answer verified by a subject expert
machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Good answer, thank you
wrote...
8 years ago
Good luck
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