The Net Debtor Status That the United States Achieved in Its

question 130

True/False

The net debtor status that the United States achieved in its balance of international indebtedness by the mid-1980s reflected the continuous current account surplus that the United States attained in its balance-of-payments during the 1970s.

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Definitions:

Sociable

Being inclined to seek out and enjoy the company of others; friendly and gregarious by nature.

Paternal Behavior

Actions and behaviors exhibited by a father or father figure towards their offspring, contributing to the child's emotional and social development.

Pituitary Gland

A small endocrine organ located at the base of the brain, responsible for the secretion of various hormones that regulate growth, metabolism, and reproduction.

Mammals

A class of warm-blooded vertebrate animals distinguished by the possession of hair or fur, the secretion of milk by females for the nourishment of the young, and (typically) the birth of live young.