Asked by
karan navneet
on Nov 29, 2024
Verified
The United States became a debtor nation in
A) 1975.
B) 1982.
C) 1985.
D) 1990.
E) 2001.
Debtor Nation
A country that owes more to foreign entities than it is owed, having a negative net investment position globally.
United States
A country located in North America, known for its significant global economic, political, and cultural influence.
- Understand the historical shift of the United States from a creditor to a debtor nation.
Verified Answer
SN
Learning Objectives
- Understand the historical shift of the United States from a creditor to a debtor nation.