9. If the economy booms in the United States while going into recession in other countries, the...

Question:


9. If the economy booms in the United States while going into recession in other countries, the U.S. trade deficit will tend to

. LO21.6

a. Increase.

b. Decrease.

c. Remain the same.

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

Step by Step Answer:

Related Book For  book-img-for-question

Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

Question Posted: