Because foreigners hold a greater claim to U.S.assets than U.S.residents to foreign assets,U.S.is a ________.
A) Net creditor
B) Trade creditor
C) Trade debtor
D) Net debtor

Question

Quizplus · Accepted Answer

A net debtor is a country that owes more to foreigners than foreigners owe to it. In this case, because foreigners hold a greater claim to U.S. assets than U.S. residents hold to foreign assets, the U.S. is a net debtor.

Because Foreigners Hold a Greater Claim to U