QUES: Bernanke explained that between 1996 and 2004, the U.S. current account deficit increased by $650 billion, from 1.5% to 5.8% of GDP. Financing these deficits required the country to borrow large sums from abroad, much of it from countries running trade surpluses. These were mainly the emerging economies in Asia and oil-exporting nations. The balance of payments identity requires that a country (such as the U.S.) running a current account deficit also have a capital account (investment) surplus of the same amount. Hence large and growing amounts of foreign funds (capital) flowed into the U.S. to finance its imports.
Per Bernanke, how much did the U.S. current account deficit increase between 1996 and 2004?

ANS: $650 billion

QUES: The city shares a 15-mile (24 km) border with Mexico that includes two border crossings. San Diego hosts the busiest international border crossing in the world, in the San Ysidro neighborhood at the San Ysidro Port of Entry. A second, primarily commercial border crossing operates in the Otay Mesa area; it is the largest commercial crossing on the California-Baja California border and handles the third-highest volume of trucks and dollar value of trade among all United States-Mexico land crossings.
What is the volumte of bikes handled at the Otay Mesa crossing?

ANS: unanswerable

QUES: Although Kim's early successes had led him to predict that he would end the war by the end of August, Chinese leaders were more pessimistic. To counter a possible U.S. deployment, Zhou Enlai secured a Soviet commitment to have the Soviet Union support Chinese forces with air cover, and deployed 260,000 soldiers along the Korean border, under the command of Gao Gang. Zhou commanded Chai Chengwen to conduct a topographical survey of Korea, and directed Lei Yingfu, Zhou's military advisor in Korea, to analyze the military situation in Korea. Lei concluded that MacArthur would most likely attempt a landing at Incheon. After conferring with Mao that this would be MacArthur's most likely strategy, Zhou briefed Soviet and North Korean advisers of Lei's findings, and issued orders to Chinese army commanders deployed on the Korean border to prepare for American naval activity in the Korea Strait.
Where did North Korea predict that MacArthur would enter Korea?

ANS: Incheon

QUES: The first regular broadcasts started on January 1, 2004 when the Belgian company Euro1080 launched the HD1 channel with the traditional Vienna New Year's Concert. Test transmissions had been active since the IBC exhibition in September 2003, but the New Year's Day broadcast marked the official launch of the HD1 channel, and the official start of direct-to-home HDTV in Europe.
When did regular broadcasts start in Europe?

ANS:
January 1, 2004