4450EconomicsMedium
The argument that U.S current account deficits cause net job losses for Americans?
Afails to recognize that a current account deficit is matched by an equal inflow of foreign funds which finances employment increasing investment spending
Bis supported by recent U.S history
Cis true by definition in all possible circumstances
Dfocuses only on the overall economy and is thus always true
Correct answer
A. fails to recognize that a current account deficit is matched by an equal inflow of foreign funds which finances employment increasing investment spending
Explanation
The correct answer is fails to recognize that a current account deficit is matched by an equal inflow of foreign funds which finances employment increasing investment spending.