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aleksandrvk [35]
3 years ago
12

In 2010 the United States posted a current account deficit of -$471 billion. The bulk of the negative value came from: A. a good

s trade deficit. B. a net transfer deficit. C. an income balance deficit. D. an income trade deficit.
Business
1 answer:
Brut [27]3 years ago
6 0

Answer:

A. a goods trade deficit

Explanation:

The current account represent the trade balance (export less import) plus

the net income (person receiving interest, rent or wages from aboard less person and companies paying foreingers) and

the direct payment. ( remittances from wroker to US)

As the US is one of the most open-economies in the world the mayority of this deficit comes from import of good and services from aboard.

Another factor, is that US company invest around the world thus, the net income should be positive.

And becuase the US economy is strong as opposite of Mexico or other Latin America countries, the average US employee abroard will not send their wages to support his family.

Thus, we should ensure the deficit comes from a negative trade deficit.

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Lamar should invest in a long-term, fixed rate certificate deposit, if she believes that interest rates are going to fall in the near future and remain low for a considerable period of time.

A long-term CD is generally a CD term between two and five years. Traditionally, long-term CDs have typically offered higher rates than shorter CD terms in exchange for tying up your money for a longer term.

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4 0
1 year ago
You have a opportunity to be hired into a exciting new career. Explain what types of clothing you would wear to the interview an
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Answer:

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3 0
3 years ago
Albert had a terminal illness that would require almost constant nursing care for the remaining two years of his estimated life,
Anvisha [2.4K]

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5 0
2 years ago
Lippo In. reports the following capital structure on its balance sheet: Debt $ 20 m, Preferred stock $ 10 m, Common stock $ 20 m
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3 0
3 years ago
Charles and Camilla got divorced in 2018. Under the terms of the decree Charles pays Camilla $50,000 in cash in each of the next
diamong [38]

Answer:

The amount that is included in Camilla's gross income in 2019 is $50,000.

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