Which of the following statements about the relationship between the imports into the United States and the exports from the United States during the last 40 years is most accurate?
A) Exports from the United States have declined, while import levels have remained about constant.
B) The volume of both imports and exports has consistently decreased.
C) Imports into the United States and exports have been about equal, indicating balanced trade.
D) Exports have exceeded imports, indicating a continuing balance of trade surplus.
E) Imports have exceeded exports, indicating a continuing balance of trade deficit.

Question

Quizplus · Accepted Answer

The United States has generally experienced a trade deficit over the last 40 years, where imports have exceeded exports.

Which of the Following Statements About the Relationship Between the Imports