At the time when a trade deﬁcit is occurring, U.S. consumers beneﬁt from having more goods and
services available.

Question

Quizplus · Accepted Answer

When there is a trade deficit, it means that the U.S. is importing more goods and services than it is exporting. This leads to a greater variety of goods and services available to U.S. consumers, often at lower prices. Therefore, consumers benefit from having more options at cheaper prices.

At the Time When a Trade Deﬁcit Is Occurring, U