An Important Explanation for the Current Account Deficit and Capital

question 119

Multiple Choice

An important explanation for the current account deficit and capital account surplus in the United States is that

• A) we buy fewer goods from foreigners than they buy from us, and foreigners find the United States an attractive place to invest.
• B) we buy more goods from foreigners than they buy from us, and foreigners find the United States an attractive place to invest.
• C) we buy fewer goods from foreigners than they buy from us, and Americans find foreign countries an attractive place to invest.
• D) we buy more goods from foreigners than they buy from us, and Americans find foreign countries an attractive place to invest.

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Definitions:

Innovative Technologies

Cutting-edge advancements in technology that offer new solutions or improvements over existing methods.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise.

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Achieving desired business outcomes, such as profitability, market share expansion, and innovation, resulting from entrepreneurial activities.