One of the principal factors behind the U.S.trade deficits of the 1990s has been
A)slow growth and recession in many important trading partners.
B)rapid growth and inflation in many important trading partners.
C)significant depreciation of the dollar.
D)rising real interest rates in the United States.

Question

Quizplus · Accepted Answer

Slow growth and recession in many important trading partners of the U.S. during the 1990s meant that these countries were buying fewer American goods, contributing to the U.S. trade deficits.

One of the Principal Factors Behind the U