If no one is holding cash, a U.S. trade deficit with China likely means
A. the Chinese are buying more U.S. assets than Americans are buying Chinese assets.
B. the Chinese are selling more U.S. assets than Americans are selling Chinese assets.
C. that next year the U.S. will run a trade surplus with China.
D. the Chinese are buying fewer U.S. assets than Americans are buying Chinese assets.
Answer: A
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a. True b. False Indicate whether the statement is true or false
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