If Foreigners Increase Their Ownership of U

question 93

Multiple Choice

If foreigners increase their ownership of U.S.assets,this would help to offset:

• A)a deficit in the U.S.current account.
• B)a deficit in the U.S.capital account.
• C)a surplus in the U.S.current account.
• D)a surplus in the U.S.capital account.
• E)a surplus in the overall balance of payments.

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Definitions:

Discharged

Released from a legal duty or liability, often used in contexts as being discharged from a contractual obligation or from bankruptcy.

Future Wages

Earnings that an individual is expected to receive from their employment in the upcoming period.

Statutes

Written laws passed by a legislative body at the national or state level.

Gratuitous Assignment

The act of transferring rights or interests from one party to another without requiring any consideration or payment in return.