In 2016, America's imports from China were about _____ its exports to China.
A) two times
B) three times
C) four times
D) six times
E) ten times
Correct Answer:
Verified
Q5: Spending on U.S. merchandise imports is a
Q6: The merchandise trade balance measures _
A) the
Q7: Revenue from U.S. merchandise exports is a
Q7: The merchandise trade balance does not include:
A)exports
Q8: The balance of payments summarizes the transactions
Q9: Which of the following is true about
Q12: A more descriptive phrase for the balance-of-payments
Q13: What summarizes the transactions that occur during
Q14: In the balance-of-payments account, the receipts from
Q15: Which account equals the value of merchandise
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