The U.S.balance of trade:

Name: The U.S.balance of trade:
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Question

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The U.S. balance of trade is the difference between merchandise exports and merchandise imports.

Note: Option A is incorrect as the U.S. does import more goods than it exports, resulting in a negative balance of trade. Option C is partially correct as the balance of trade does include net military transactions, but this alone does not fully describe the balance of trade.

The U.S.balance of Trade