The USCurrent Account Deficit Improved Slightly from 2007 to 2010 Because

question 5

Multiple Choice

The U.S.current account deficit improved slightly from 2007 to 2010 because

• A)spending on imports fell due to an overall fall in consumption.
• B)state, local, and federal government budget deficits increased.
• C)worldwide economic growth spurred U.S. exports.
• D)capital controls restricted capital inflow.

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