Question 3 In March 2023, imports for the US exceeded their exports by $60.6 billion. In June 2023, the imports exceeded the exports by $74.6 billion. If this trend continues, what impact can this have on the US in the long term? A. Increased foreign investment B. Stronger domestic currency c. Decreased trade protectionism D. Accumulation of foreign debt

Question 3 In March 2023, imports for the US exceeded their exports by $60.6 billion. In June 2023, the imports exceeded the exports by $74.6 billion. If this trend continues, what impact can this have on the US in the long term? A. Increased foreign investment B. Stronger domestic currency c. Decreased trade protectionism D. Accumulation of foreign debt

Principles of Macroeconomics (MindTap Course List)

7th Edition

ISBN:9781285165912

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Open-Economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 3QCMC

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