China Runs a Current Account Surplus with the United States

question 149

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.
• E)China is the sole beneficiary of trade between the two countries.

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