How does the national debt as a percentage of GDP in the United States compared to the United Kingdom?
a. U.S. national debt ratio is smaller.
b. U.S. national debt ratio is slightly larger.
c. U.S. national debt ratio is substantially larger.
d. U.S. national debt ratio is substantially smaller.
Question 2
The current account in the BOP records:
a. all money flowing between countries.
b. a nation's yearly exports and imports of goods and services.
c. only the transactions involving capital goods in international trade.
d. only the transactions involving consumer goods in international trade.
e. only those goods and services purchased on credit in international transactions.
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