Asked by
asmamaw adamu
on Nov 26, 2024Verified
If the United States wants to regain ownership of domestic assets sold to foreigners, it will have to
A) increase domestic consumption.
B) increase its national debt.
C) export more than it imports.
D) import more than it exports.
National Debt
The total amount of money that a country’s government has borrowed by issuing securities and not yet repaid.
Export
Goods or services produced in one country and sold to customers in other countries.
- Analyze the contributing factors and repercussions of significant trade deficits in the United States.
- Comprehend the effect of international financial transactions on exchange rates and trade equilibria.
Verified Answer
PB
Learning Objectives
- Analyze the contributing factors and repercussions of significant trade deficits in the United States.
- Comprehend the effect of international financial transactions on exchange rates and trade equilibria.