Which of the following accounted for over 85% of our trade deficit in goods and services in 2009?

Question

Quizplus · Accepted Answer

According to the U.S. Census Bureau, imports of oil accounted for over 50% of the total U.S. trade deficit in goods in 2009. Additionally, when including services, the share of the trade deficit accounted for by oil imports rises above 85%. Therefore, C is the correct choice. A, B, and D are incorrect choices because they are not significant enough to make up the majority of the trade deficit.

Which of the Following Accounted for Over 85% of Our