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Economics
MEDIUM
ENGLISH
Economics
The argument that U.S current account deficits cause net job losses for Americans ?
A
is true by definition in all possible circumstances
Option A
B
is supported by recent U.S history
Option B
C
focuses only on the overall economy and is thus always true
Option C
fails to recognize that a current account deficit is matched by an equal inflow of foreign funds which finances employment increasing investment spending
Correct answer
Correct answer: D
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