During the first half of the 2000s, the large increase in the U.S. current account deficit...

 

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During the first half of the 2000s, the large increase in the U.S. current account deficit was matched by increases in the A) surpluses of other countries, notably Asian countries including China. B) deficits of other countries, notably Asian countries including China. C) deficits of other countries, notably newly industrialized countries such as Singapore and Taiwan. D) surpluses of other countries, notably South American countries. During the first half of the 2000s, the large increase in the U.S. current account deficit was matched by increases in the A) surpluses of other countries, notably Asian countries including China. B) deficits of other countries, notably Asian countries including China. C) deficits of other countries, notably newly industrialized countries such as Singapore and Taiwan. D) surpluses of other countries, notably South American countries.

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For nearly 20 years the US current account which is the broadest measure of the net flow of t... View the full answer