Historically, the United States has been a net exporter of industrial products and a net importer of raw materials.

Question

Quizplus · Accepted Answer

This statement is true. The United States has a strong manufacturing base and has historically been a net exporter of industrial products such as machinery, transportation equipment, and chemicals. However, the country has had to import raw materials such as oil, minerals, and agricultural commodities to support its industries and economy.

Historically, the United States Has Been a Net Exporter of Industrial