Net Exports for the United States

question 12

Multiple Choice

Net exports for the United States

• A) were consistently negative for the three decades prior to 1981 but have since turned dramatically positive; as a result, the United States became a net debtor nation in 1985.
• B) were consistently positive for the three decades prior to 1981 but have since turned slightly negative.
• C) were consistently positive for the three decades prior to 1981 but have since turned dramatically negative; as a result, the United States became a net creditor in 1985.
• D) were consistently positive for the three decades prior to 1981 but have since been fluctuating up and down around zero.
• E) none of the above.

---

Definitions:

Pension Liability

The amount of money a company is required to pay into its employees' retirement plans in the future.

Accumulated Benefit Obligation

An estimate of the total amount of an employer's obligation for pension benefits earned by employees to date, not based on future salary increases.

Plan Assets

Assets specifically identified to fund the obligations of a pension or other employee benefit plan.

Pension Funding

The financial contributions made by a company to a defined benefit pension plan to meet future pension obligations to retirees.