Which is the most accurate statement?
A) The Japanese and Chinese bear most of the blame for our huge trade deficit.
B) Our trade deficit with China has been rising more rapidly than our trade deficit with Japan.
C) Our combined trade deficits with Japan and China now total about $100 billion.
D) Most economists agree that the best way to reduce our trade deficit would be to impose high tariffs on our imports from Japan and China.
Correct Answer:
Verified
Q204: Farm subsidies
A)enable industrial nations to export much
Q205: Which of the following has the highest
Q206: A _ is a tax on imports.
Q207: Which of the following accounted for over
Q208: If the dollar rises in value against
Q210: In 2009,our trade deficit was about _
Q211: Which is the most accurate statement?
A)Our trade
Q212: We currently run a negative trade balance
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