Which of the following statements about U.S. international trade in 2011 is correct?
A) The value of U.S. exports exceeded the value of U.S. imports.
B) The value of U.S. exports was about 33 percent of the value of total U.S. production.
C) The United States imported only goods.
D) The United States was the world's largest trader.

Question

Quizplus · Accepted Answer

In 2011, the United States was one of the largest traders in the world, but it did not have a trade surplus (exports exceeding imports), and it imported both goods and services. The value of exports was not as high as 33% of total production.

Which of the Following Statements About U