In the year 1976, the United States switched from running a trade ________ to running a trade ________.
A) balance; surplus
B) deficit; surplus
C) surplus; deficit
D) deficit; balance
Correct Answer:
Verified
Q1: A country has a trade surplus when
A)
Q3: A country's trade is balanced when
A) its
Q4: When a nation's exports exceed its imports,
Q9: If a country has a trade deficit
Q11: When a nation's exports are less than
Q12: If a country has a trade surplus
Q15: In 2014, the United States ran a
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Q18: If a country has a trade deficit
Q20: If a country's imports are greater than
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