Which of the following is correct?
A) U.S. exports as a percentage of GDP have more than doubled since 1950. The U.S. currently has a trade surplus.
B) U.S. exports as a percentage of GDP have more than doubled since 1950. The U.S. currently has a trade deficit.
C) U.S. exports as a percentage of GDP have increased, but have not nearly doubled since 1950. The U.S. currently has a trade surplus.
D) U.S. exports as a percentage of GDP have increased, but have not nearly doubled since 1950. The U.S. currently has a trade deficit.
Correct Answer:
Verified
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