The USTrade Deficit Is Made Possible, in Part, Because of Foreigners

question 52

True/False

The U.S.trade deficit is made possible, in part, because of foreigners' demand for U.S.financial assets.

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Definitions:

Society

A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Males

Biological category of the sex that produces small, mobile gametes, typically associated with the XY chromosome configuration in humans.

Females

Refers to the sex of an organism, or a member of a species, that is typically associated with certain reproductive structures and functions.

Agents of Socialization

Individuals, groups, and institutions that shape an individual's social development and norms through social interaction.