If a Country's Trade Deficit Declines but Does Not Go

question 91

Multiple Choice

If a country's trade deficit declines but does not go into surplus, then:

• A)its consumption must be rising relative to its production.
• B)it must be selling fewer assets to foreigners.
• C)it must be buying more assets from foreigners.
• D)it must be producing more than it is consuming.

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Definitions:

First Immigrant

The term often refers to the earliest individuals or groups to settle in a new land or country.

Trans-National America

A concept referring to the United States as a nation influenced by multiple cultures and ethnicities, transcending traditional national boundaries.

Randolph Bourne

An American intellectual and essayist who critiqued US participation in World War I and is best known for his essay "Trans-National America."

Mexican Immigration

The movement of people from Mexico to other countries, especially the United States, for various reasons including economic, family reunification, and political.