If the United States Has a Net Export Surplus,which of the Following

question 57

Multiple Choice

If the United States has a net export surplus,which of the following must be true?

• A)The balance on the financial account must equal the balance on the current account.
• B)Net foreign investment must be positive as well.
• C)Domestic private saving must be greater than net foreign investment.
• D)Domestic public saving must be greater than net foreign investment.

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Definitions:

States

Political entities within a country, having a defined territory, government, and certain sovereign rights.

Contract Law

The branch of legal study that deals with the formation, enforcement, and interpretation of agreements between parties.

Co-Insurance Clause

A provision in insurance policies that requires the insured party to bear a portion of the loss, promoting the insured's interest in the property's safety.

Fire Insurance

A type of property insurance that covers damage and losses caused by fire.