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.)

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.)

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter23: The International Trade And Capital Flows

Section: Chapter Questions

Problem 44P: Imagine that the U.S. economy finds itself in the following situation: a government budget deficit...

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6. Debtors and creditors - Net international investment position Suppose that at the end of 2012, 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 2012 is experiencing debt.) billion. (Hint: Be sure to include a negative sign if the U.S. is Suppose that in 2013, 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 2013 to $ billion. Suppose that during 2013, 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. The net borrowing of the United States was greater than its current account deficit. ☐ Foreign-owned assets in the United States appreciated (gained…
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