What are two major outcomes from the large U.S. trade deficits?
A. An increase in domestic consumption and U.S. indebtedness
B. A decrease in domestic consumption and U.S. indebtedness
C. An increase in domestic consumption and a decrease in U.S. indebtedness
D. A decrease in domestic consumption and an increase in U.S. indebtedness
A. An increase in domestic consumption and U.S. indebtedness
You might also like to view...
If the exchange rate is constant and U.S. exports increase, then in the foreign exchange market the
A) supply of U.S. dollars increases. B) demand for U.S. dollars increases. C) demand for U.S. dollars decreases. D) quantity of U.S. dollars demanded decreases. E) quantity of U.S. dollars demanded increases.
The number of people living in urban areas fell after the Civil War and then increased as World War I approached
Indicate whether the statement is true or false