Our trade deficit in 2009 was
A) 40 to 50% less than in 2006.
B) 20% higher than in 2007.
C) The highest deficit on record 1975.
D) About the same as in 1993.
Correct Answer:
Verified
Q158: Statement I: Our merchandise trade deficit declined
Q159: In 2009,we had a trade deficit of
Q160: Since 1976 our merchandise balance of trade
Q161: Frederic Bastiat formulated
A)the theory of absolute advantage.
B)the
Q162: Q164: Each of the following has been typical Q165: When country X imports goods from country Q166: Trade restrictions cause Q167: Statement I: The American economy has become Q168:
A)higher prices.
B)economic inefficiency.
C)both higher prices
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents