Because Foreigners Hold a Greater Claim to U

question 23

Multiple Choice

Because foreigners hold a greater claim to U.S.assets than U.S.residents to foreign assets,U.S.is a ________.

• A) Net creditor
• B) Trade creditor
• C) Trade debtor
• D) Net debtor

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Definitions:

Consistent Principle

A rule or standard that remains uniform and unchanged over time, ensuring reliability and predictability in reasoning or behavior.

Jointly Exhaustive

A characteristic of a set of categories or propositions that together cover all possible scenarios or outcomes, leaving no options unaccounted for.

Jointly Exhaustive

A condition in which a set of options or propositions covers all possible outcomes or cases, leaving no scenario unaddressed.

Consistent Principle

A rule or guideline in logic or mathematics that does not lead to a contradiction when applied.