The United States currently has a significant current account deficit.This deficit is funded by a variety of
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Question:
- The United States currently has a significant current account deficit.This deficit is funded by a variety of sources, including foreign governments that purchase U.S. Treasury Bills.The majority of these purchases are from the European Union.
a.True
b. False
2.When receiving quotations on a currency's exchange rate, the bank's bid quote is the rate at which the bank is willing to sell currency.
a. True
b. False
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