A U.S. trade deficit means that
A) more money is flowing into the United States than flowing out.
B) more money is flowing out of the United States than flowing in.
C) no money flows into the United States at all.
D) no money flows out of the United States at all.
Correct Answer:
Verified
Q1: The United States is a "debtor nation."
Q2: For the past 30 years or so,
Q3: How does the level of imports change
Q5: The main determinant of U.S .exports
A) is
Q6: A U.S. trade surplus means that
A) more
Q7: A U.S. trade surplus means that
A) American
Q8: A U.S. trade deficit means that
A) American
Q9: What happens to the demand and price
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents