Q
The Phrase “twin deficits” refers to ?
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A
A. A country’s trade deficit and its government budget deficit
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B
B. The fact that if a country has a trade deficit, its trading partners must also have trade deficits
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C
C. The equality of a country’s saving deficit and its investment deficit
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D
D. A country’s trade deficit and its net capital outflow deficit
Correct Answer:
A. A. A country’s trade deficit and its government budget deficit
