Comparing the U

question 77

Multiple Choice

Comparing the U.S.balance of payments in 2008 to the rest of the world, we see that the

• A) United States has the largest current account surplus.
• B) U.S.current account is similar in size to most developed nations and has a surplus.
• C) United States has the largest capital account deficit.
• D) United States has the largest current account deficit.
• E) U.S.current account is similar in size to most developed nations and has a deficit.