1) A trade deficit for the United States is generally financed by:
a) Lending to the Federal government
b) Borrowing from the Federal government
c) Buying securities or assets from other nations
d) Selling securities or assets to other nations
2) A trade deficit means a net:
a) Inflow of payments for goods and services
b) Outflow of goods and services
c) Inflow of goods and services
d) Excess of exports over imports