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Amelia Stone
on Nov 26, 2024

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Which of the following factors has helped maintain the large U.S. trade deficits over the years?

A) a decline in investment
B) capital and financial account surpluses
C) a decrease in economic growth
D) an increase in U.S. net exports

Trade Deficits

An economic measure where a country's imports exceed its exports over a certain period, indicating an outflow of domestic currency to foreign markets.

Capital and Financial Account

Components of a country's balance of payments, recording the transactions of assets and liabilities, such as direct investments, portfolio investments, and other investments across borders.

Net Exports

The value of a country's total exports minus the value of its total imports, indicating the balance of trade.

  • Analyze the effects of trade shortfalls and the financing mechanisms used to cover them.
  • Examine the causes and effects of extensive trade deficits in the United States.
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2420 Aarti SinghNov 28, 2024
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