The US is a net debtor because they import more than they export? Foreigners own more US

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The US is a net debtor because they import more than they export? Foreigners own more US assets than the US owns foreign assets. Correct? Is a net debtor always running a current account deficit?

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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Posted Date: May 12, 2019 11:32 PM

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The US is a net debtor because they import more than they export? Foreigners own more US

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The richest country on earth seems to borrow more because of their trade deficit Americans generally spend more on their imports than their business e... View the full answer

International Financial Management

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