Over the last two decades the surplus on U.S. services trade has typically been ________ the deficit on U.S. goods trade.
A) greater than
B) equal to
C) less than
D) The relationship is constantly shifting from greater than to less than.

Question

Quizplus · Accepted Answer

This statement suggests that the U.S. imports more goods than it exports, resulting in a goods trade deficit. Conversely, the U.S. exports more services than it imports, resulting in a services trade surplus. Therefore, the surplus on U.S. services trade is less than the deficit on U.S. goods trade.

Over the Last Two Decades the Surplus on U