Immediately after World War II, the United States ran trade:

A. deficits and was an international borrower.
B. deficits and was an international lender.
C. surpluses and was an international borrower.
D. surpluses and was an international lender.

Answer: D

Economics

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Adriana wants to try working as an independent contractor this summer. She has a 50 percent chance that she will make $9,000 and 50 percent chance that she will make nothing. Her utility of wealth curve is shown in the figure above

What's Adriana's cost of risk? A) $2,500 B) $2,000 C) zero D) $40

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Although the Federal Reserve had traditionally made discount loans only to ________, in response to the financial crisis in 2008 the Fed made primary dealers eligible for discount loans as well

A) commercial banks B) investment banks C) government agencies D) mortgage lenders

Economics