Asked by
Matthew Miller
on Nov 12, 2024
Verified
Between 1917 and 1982,U.S.ran a financial account deficit.
Financial Account
A component of the balance of payments that records transactions involving financial assets and liabilities between residents of a country and the rest of the world.
- Understand the concepts of financial account surplus and deficit and their implications.
Verified Answer
SM
Learning Objectives
- Understand the concepts of financial account surplus and deficit and their implications.