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Chako Chako
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Posts: 2948
8 years ago
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

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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Posts: 2946
8 years ago
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Chako Author
wrote...
8 years ago
Correct!
wrote...
8 years ago
Good luck
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