If the Balance of the Current Account in the United

question 172

Multiple Choice

If the balance of the current account in the United States is -$900 billion,which of the following is most likely to be true?

• A)The balance on the financial account is positive.
• B)The trade balance is positive.
• C)Net foreign investment is positive.
• D)The balance on the capital account is negative.

---

Definitions:

Sublet

The act of a tenant renting out their leased premises to another party for a period within the lease term.

Pay Rent

The act of providing a predetermined amount of money, typically monthly, to a landlord in exchange for the right to occupy a property.

Privity of Estate

A legal concept in property law that refers to the relationship or connection between parties whose estates possess rights or obligations that are derivative from the same property.

Privity of Contract

A doctrine in contract law that restricts the rights or duties under a contract to the parties that agreed to it.