O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2017 · Q291 Mark
In recent years, the US has experienced a deficit on its overall current account of the balance of payments. What could have led to an increase in the size of the deficit?
Aincreased competitiveness of goods made in the US
Bincreased earnings by US investors in foreign companies
Cincreased numbers of overseas visitors to the US
Dincreased spending on US military bases abroad
✓ Correct answer
D: increased spending on US military bases abroad
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