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. . . Out of control spending can explain the trends in the balance of payments account since the 1990s because the increase in imports

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. . . Out of control spending can explain the trends in the balance of payments account since the 1990s because the increase in imports O A. increases the current account deficit and is paid for by foreign borrowing, which is seen as an increase in the capital and financial account surplus O B. decreases the current account deficit O C. decreases the capital and financial account surplus O D. increases U.S. official reserves so that the increase in the official settlements account equals the decrease in the current account

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