The United States' current account deficit reached a new high in:

Georg, a German citizen, just purchased 10 shares of stock in Microsoft, a U.S. company. This purchase is an example of

A) foreign public investment. B) foreign direct investment. C) contractual globalization. D) foreign portfolio investment.

A shortage occurs when the quantity demanded exceeds the quantity supplied

a. True b. False Indicate whether the statement is true or false