If the United States has a trade deficit:
A) Exports exceed imports.
B) The U.S.economy produces more than it consumes.
C) The trade balance is negative.
D) The export ratio is high.
Correct Answer:
Verified
Q8: Exports account for approximately _ percent of
Q9: Goods and services purchased by Americans from
Q10: Which of the following countries has the
Q11: Which of the following countries has the
Q12: The trade balance is found by calculating:
A)
Q14: Which of the following countries has the
Q15: Which of the following does the United
Q16: The amount by which exports exceed imports
Q17: If a country has a trade deficit,it:
A)
Q18: Which of the following statements is correct?
A)
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