Suppose the U

question 177

Multiple Choice

Suppose the U.S.Congress is successful in enacting tariffs large enough to eliminate the current account deficit.What would happen to the level of domestic investment?

• A)It would not change.
• B)It would rise and exceed national saving.
• C)It would rise to a level equal to net foreign investment.
• D)It would fall to a level equal to national saving.

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Definitions:

Witnesses

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Handwrote

The action of writing something using a pen, pencil, or other writing instrument, as opposed to typing or printing.

Valid

A term used to describe something that is legally sound and binding.

Advance Directives

Written statement in which people gives instructions for their future medical care.