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If the United States Had Negative Net Exports Last Year

Question 3

Multiple Choice

If the United States had negative net exports last year, then it


A) sold more abroad than it purchased abroad and had a trade surplus.
B) sold more abroad than it purchased abroad and had a trade deficit.
C) bought more abroad than it sold abroad and had a trade surplus.
D) bought more abroad than it sold abroad and had a trade deficit.

Correct Answer:

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