The Baker Plan emphasized renewed commercial bank loans as a way to restart capital flows to Latin America.
Indicate whether the statement is true or false
Question 2
The international investment position of the United States is negative. This means that
A) the U.S. current account balance is positive.
B) foreigners own more U.S. assets than domestic residents own foreign assets.
C) foreigners own fewer U.S. assets than domestic residents own foreign assets.
D) the U.S. current account balance is negative.
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