"Although the United States Is Running a Large Current Account

question 214

Essay

"Although the United States is running a large current account deficit, it is still ranked as a major international net lender." Is the previous statement correct or incorrect? Briefly explain your answer.

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Definitions:

Brain and Spinal Cord

The central components of the central nervous system, responsible for processing and transmitting information throughout the body.

Somatic Nervous System

A component of the peripheral nervous system that conveys sensory information to the central nervous system and controls voluntary movements of the body.

Motor Nervous System

The motor nervous system is a division of the peripheral nervous system that controls voluntary muscle movements.

Sensory Nervous System

The part of the nervous system responsible for processing sensory information from the external and internal environment, sending it to the brain for interpretation.