6. Debtors and creditors - Net international investment position Suppose that at the end of 2014, the value of U.S.-owned assets abroad is $15,888 billion, and the value of foreign-owned assets in the United States (which are U.S. liabilities) is $16,953 billion. The net international investment position of the United States in 2014 is $ billion. (Hint: Be sure to include a negative sign if the U.S. is experiencing debt.)

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6. Debtors and creditors - Net international investment position
Suppose that at the end of 2014, the value of U.S.-owned assets abroad is $15,888 billion, and the value of foreign-owned assets in the United States
(which are U.S. liabilities) is $16,953 billion.
The net international investment position of the United States in 2014 is $
experiencing debt.)
billion. (Hint: Be sure to include a negative sign if the U.S. is
Suppose that in 2015, the United States runs a current account surplus of $514 billion. If other factors remained constant, the net international
investment position of the United States would
during 2015 to $
billion.
Suppose that during 2015, the U.S. net external debt decreases by $393 billion from the previous year. Given the current account balance, which of
the following can explain this outcome? Check all that apply.
U.S.-owned assets held abroad depreciated (lost value).
The U.S. current account deficit was greater than the country's net borrowing.
Foreign-owned assets in the United States appreciated (gained value).
The net borrowing of the United States was greater than its current account deficit.
Transcribed Image Text:6. Debtors and creditors - Net international investment position Suppose that at the end of 2014, the value of U.S.-owned assets abroad is $15,888 billion, and the value of foreign-owned assets in the United States (which are U.S. liabilities) is $16,953 billion. The net international investment position of the United States in 2014 is $ experiencing debt.) billion. (Hint: Be sure to include a negative sign if the U.S. is Suppose that in 2015, the United States runs a current account surplus of $514 billion. If other factors remained constant, the net international investment position of the United States would during 2015 to $ billion. Suppose that during 2015, the U.S. net external debt decreases by $393 billion from the previous year. Given the current account balance, which of the following can explain this outcome? Check all that apply. U.S.-owned assets held abroad depreciated (lost value). The U.S. current account deficit was greater than the country's net borrowing. Foreign-owned assets in the United States appreciated (gained value). The net borrowing of the United States was greater than its current account deficit.
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