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Author Question: With respect to the U.S. position in the international economy, the United States __________. A) ... (Read 3064 times)

olgavictoria

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With respect to the U.S. position in the international economy, the United States __________.
 
  A) has had a trade deficit since the early 1980s
  B) is as strong relative to other countries as it was in the 1950s
  C) has had high unemployment since the mid-1990s
  D) was once the world's leading debtor state, but it is now the leading lender state

Question 2

Which of the following is a reason states go into debt?
 
  A) Due to a trade deficit
  B) Due to bad investments
  C) Borrowing to pay for government budget surpluses
  D) To create greater standing wealth



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Jbrasil

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Answer to Question 1

Answer: A

Answer to Question 2

Answer: A





 

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