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It Is Reported That America Has Had a Large Trade

Question 51

Multiple Choice

It is reported that America has had a large trade imbalance with the country of China over the past year. Such a situation results from which of the following?

A) American consumers are buying far more goods made in the United States than Chinese consumers are buying goods made in China.
B) American consumers are buying far more goods made in China than Chinese consumers are buying goods made in the United States.
C) American consumers are buying far fewer goods made in China than they are buying goods made in the United States.
D) American consumers are buying far fewer goods made in China than Chinese consumers are buying goods made in the United States.
E) Chinese consumers are buying far more goods made in China than American consumers are buying goods made in the United States.

Correct Answer: