Since 1990,the U

question 234

True/False

Since 1990,the U.S.current account has been rising in most years.

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Definitions:

Opportunity Cost

The price paid for not selecting the second-best choice when deciding between options.

Rancher

An individual who owns or manages a large farm, especially one used for raising cattle, sheep, or other livestock.

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others.

Rancher

A person who owns or manages a ranch, where livestock such as cattle or sheep are raised.