The trade deficit can be attributed to

Name: The trade deficit can be attributed to
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The trade deficit can be attributed to a combination of factors including Americans' preference for lower-priced goods, an increase in the price of imported petroleum products, and the preference to take vacations in foreign countries. All these activities increase the amount of money flowing out of the country in comparison to what flows in, contributing to a trade deficit.

The Trade Deficit Can Be Attributed to