Asked by
yaumel delgado
on Oct 11, 2024Verified
From 2007 to 2009 our current account deficit
A) has been cut in half.
B) stayed about the same.
C) almost doubled.
D) more than tripleD.
Current Account Deficit
A situation where a country's total imports of goods, services, and transfers exceed its total exports, indicating that it is spending more on foreign trade than it is earning.
Doubled
Increased by 100%, or made twice as large in amount or number.
Tripled
Increased or expanded to three times the original size or amount.
- Investigate the economic effects arising from a country's current account surplus or deficit.
Verified Answer
NM
Learning Objectives
- Investigate the economic effects arising from a country's current account surplus or deficit.