Refer to the graph shown.According to the globalized AS/AD model, which best represents to the world aggregate supply and trade in the 2000s?
A) WAS0 and the United States had a large trade surplus.
B) WAS1 and the United States had a small trade deficit.
C) WAS2 and the United States had a small trade surplus.
D) WAS3 and the United States had a large trade deficit.
Correct Answer:
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