In recent years, the largest trading partners of the United States have been
a. Germany, France, Spain, and the United Kingdom.
b. Canada, Mexico, China, and Japan.
c. Canada, Brazil, Argentina, and Chile.
d. Russia, Venezuela, Saudi Arabia, and Indonesia.
B
Economics
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A nation's official reserve transaction account
A) is always a positive number. B) is always a negative number. C) is always equal to zero. D) compensates for the differences in the current and capital accounts.
Economics
The immediate impetus for the establishment of the Federal Reserve System came from
a. severe outbreaks of inflation in the early 1900s. b. four severe banking panics between 1873 and 1907. c. the discovery of gold in Alaska. d. the desire to copy the founding of the Bank of England.
Economics