Question
Asked Apr 11, 2019
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A current account deficit is generally a result of:

 

 

a large amount of U.S. purchases of foreign real estate.

 

U.S. purchases of bonds issued by foreign corporations.

 

imports exceeding exports.

 

exports exceeding imports.

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Expert Answer

Step 1

Current account deficit:

The current account deficit refers the measures of a country's trade where the valu...

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