A Current Account Surplus of the U

question 79

Multiple Choice

A current account surplus of the U.S. implies that

• A) More goods and services are exported than are imported
• B) The U.S. borrowed from abroad more than it loaned, and/or sold off some of its assets
• C) There is under consumption of foreign financial assets
• D) The value of the dollar will drop
• E) The country's credit rating is going to be downgraded
• ESSAY QUESTIONS