In the US Balance of Payments Account for a Certain Year, a Year

question 185

Multiple Choice

In the U.S. balance of payments account for a certain year, a positive number in the financial account means a

• A)net buildup of assets held by the U.S.
• B)net reduction in the ownership of assets by U.S. interests.
• C)buildup of total foreign debt.
• D)reduction of total foreign debt.

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Acronym for Chief Executive Officer, the highest-ranking executive in a company, responsible for major corporate decisions and overall operations.

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