Persistent Current Account Deficits in the United States

question 115

Multiple Choice

Persistent current account deficits in the United States

• A)can be seen as a vote of confidence in the strength of the U.S.economy.
• B)cause persistent declines in investment in the United States.
• C)cause U.S.investors to accumulate more foreign assets than foreign investors accumulate U.S.assets.
• D)will eventually cause the value of the dollar to rise.

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Definitions:

African States

Refers to the countries on the African continent, each with its own distinct cultures, languages, and political structures.

Race

A social construct used to categorize humans into large and distinct populations based on various factors such as ancestry, physical appearance, and cultural history.

Chesapeake Region

An area in the United States encompassing parts of Virginia and Maryland, notable for its early role in American colonial history.