China Runs a Current Account Surplus with the United States

question 192

Multiple Choice

China runs a current account surplus with the United States.Which of the following must be true about China's balance of payments with the United States?

• A)It must run a financial account deficit.
• B)Its balance of trade must be in deficit.
• C)Its net exports must be negative.
• D)Its balance of payments must run a deficit.

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Definitions:

Shared Interests

Common activities or hobbies that individuals enjoy together, strengthening their bond.

Relationship Commitment

The emotional and moral pledge to maintain a relationship, characterized by the intent for long-term continuity.

Investments

Things that people contribute to a relationship that they can’t get back if the relationship ends.

Exchanges

Interactions or transactions between two or more parties, often involving the trading of goods, services, or communications.