

MCQOPTIONS
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1. |
The argument that U.S current account deficits cause net job losses for Americans ? |
A. | is true by definition in all possible circumstances |
B. | is supported by recent U.S history |
C. | focuses only on the overall economy and is thus always true |
D. | fails to recognize that a current account deficit is matched by an equal inflow of foreign funds which finances employment increasing investment spend |
Answer» E. | |