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Macroeconomics

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US Large Account Deficit with China

MACRO-RVENJE

The United States has a large current account deficit with China. Which of the following MUST be true?

A

China's balance of payments with the US runs a deficit.

B

China runs a financial account deficit with the US.

C

China's balance of trade with the US is in deficit.

D

China's net exports to the US are negative.