Author Question: An export good is a good produced A) in the United States and sold in other countries. B) in the ... (Read 92 times)

RYAN BANYAN · **on:** Jun 30, 2018

An export good is a good produced

A) in the United States and sold in other countries.
B) in the United States and sold to foreigners living in the United States.
C) in another country and purchased by U.S. residents.
D) by foreigners in the United States and purchased by U.S. households.
E) in another country and purchased by foreigners not residing in the United States.

Question 2

If foreigners held U.S. assets worth 200 billion during a certain year and the value of the current account for that year was -189 billion, the total volume of foreign assets held domestically was worth ________.

A) 101 billion B) 389 billion C) 421 billion D) 211 billion