The root cause of our selling off piece after piece of our country can be traced to

A) our low interest rates.
B) our high tax rates.
C) our large trade deficits.
D) our low cost of living.

Question

The root cause of our selling off piece after piece of our country can be traced toA) our low interest rates.B) our high tax rates.C) our large trade deficits.D) our low cost of living.

Zachary Clement · Accepted Answer

Final Answer : C, Explanation :  Large trade deficits mean that we are buying more goods and services from other countries than we are selling to them. This can lead to a shortage of dollars in our economy, which can make it cheaper for other countries to acquire assets in our country, such as land, businesses, and real estate. As a result, we may end up selling off pieces of our country to foreign investors.

The root cause of our selling off piece after piece of our country can be traced to

A) our low interest rates.
B) our high tax rates.
C) our large trade deficits.
D) our low cost of living.

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Learning Objectives

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