A review of the recent experience of the U.S. economy in the global markets reveals that the United States has:
A) had a positive impact on other nations' currencies.
B) maintained a trade surplus with all nations except China.
C) run a persistent trade deficit since the mid1970s.
D) has lower operating costs than most other nations.

Question

A review of the recent experience of the U.S. economy in the global markets reveals that the United States has:
A) had a positive impact on other nations' currencies.
B) maintained a trade surplus with all nations except China.
C) run a persistent trade deficit since the mid­1970s.
D) has lower operating costs than most other nations.

Quizplus · Accepted Answer

The recent experience of the U.S. economy in global markets reveals that the United States has run a persistent trade deficit since the mid-1970s.

A Review of the Recent Experience of the U