The Current Account Deficit and Capital Account Surplus of the United

question 75

Multiple Choice

The current account deficit and capital account surplus of the United States

• A) means that U.S. consumers are worse off.
• B) means that in the long run, many U.S. jobs are lost.
• C) implies that foreign nations exert unmatched control over U.S. economic activity.
• D) has no relevance to a country's long run economic growth.