7. Which one of the following statement is the most accurate? (LO4) a) As a percentage of...

Question:

7. Which one of the following statement is the most accurate? (LO4)

a) As a percentage of GDP, the United States has the highest current account surplus of any nation.

b) As a percentage of GDP, the United States has the highest current account defi cit of any nation.

c) As a percentage of GDP, our current account defi cit is roughly the same as it was 10 years ago.

d) Our current account defi cit is rising at an unsustainable pace.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 125375

10th Edition

Authors: Stephen Slavin

Question Posted: