6) When United States residents acquire assets abroad, they are in essence A) borrowing money, and foreign debts to the United States decrease. B) borrowing money, and foreign debts to the United States increase. C) lending money, and foreign debts to the United States decrease. D Iending money, and foreign debts to the United States increase.
6) When United States residents acquire assets abroad, they are in essence A) borrowing money, and foreign debts to the United States decrease. B) borrowing money, and foreign debts to the United States increase. C) lending money, and foreign debts to the United States decrease. D Iending money, and foreign debts to the United States increase.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter20: The Global Economy
Section: Chapter Questions
Problem 20AA
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![6) When United States residents acquire assets abroad, they are in essence
A) borrowing money, and foreign debts to the United States decrease.
B) borrowing money, and foreign debts to the United States increase.
C) lending money, and foreign debts to the United States decrease.
D) lending money, and foreign debts to the United States increase.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff2ca09bd-5030-486f-acff-c93ab6eae8fd%2F4d304d6c-c12f-49ad-ba93-8f8ce10d3757%2F4qv804q_processed.jpeg&w=3840&q=75)
Transcribed Image Text:6) When United States residents acquire assets abroad, they are in essence
A) borrowing money, and foreign debts to the United States decrease.
B) borrowing money, and foreign debts to the United States increase.
C) lending money, and foreign debts to the United States decrease.
D) lending money, and foreign debts to the United States increase.
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