Fred Bergsten of the Institute for International Economics estimates that every $1 billion of U.S. exports
A) replaces 250 service sector jobs with 25 manufacturing jobs in the U.S.
B) causes lost revenues for the U.S. federal government.
C) results in reduced profits for U.S. businesses.
D) generates over 7,000 jobs in the U.S.
Correct Answer:
Verified
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