China Runs a Current Account Surplus with the United States

question 192

Multiple Choice

China runs a current account surplus with the United States.Which of the following must be true about China's balance of payments with the United States?

• A)It must run a financial account deficit.
• B)Its balance of trade must be in deficit.
• C)Its net exports must be negative.
• D)Its balance of payments must run a deficit.

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Definitions:

Undercontrolled

Describing individuals who lack self-regulation and the ability to control impulses and behaviors.

Borderline

Typically refers to being on the dividing line or the threshold between two different states or conditions, often used in medical or psychological contexts.

Narcissism

A personality trait characterized by excessive self-love or selfishness, often at the expense of others' feelings.

Agreeableness

A personality trait characterized by qualities such as altruism, warmth, friendliness, and cooperativeness, often associated with positive social outcomes.