In 2012, the United States largest balance of trade deficit was with
A) the European Union
B) Canada
C) China
D) Mexico
E) Brazil
Correct Answer:
Verified
Q5: In the United States, imports have exceeded
Q6: In the United States, imports have exceeded
Q7: A nation's merchandise trade balance reflects
A)trade in
Q10: Because of the accounting techniques used, the
Q12: The balance of goods and services is
A)the
Q13: In 2012, the United States balance of
Q16: The balance of payments summarizes the transactions
Q17: The trade balance is
A)the services balance plus
Q19: The merchandise trade balance
A)reflects trade in intangibles
Q21: Net unilateral transfers in the United States
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