Running mounting current account deficits is analogous to ______. a) running up debt on a credit card

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Running mounting current account deficits is analogous to ______.

a) running up debt on a credit card

b) taking money out of one pocket and putting it in another

c) owing money to ourselves

d) borrowing money that never has to be repaid

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Related Book For  answer-question

Microeconomics

ISBN: 9780077641542

11th Edition

Authors: Stephen Slavin

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