Because of the Great Recession of 2008,the trade deficit in 2009 relative to the trade deficit in 2006 was

Question

Quizplus · Accepted Answer

The trade deficit is the difference between a country's imports and exports. During a recession, imports tend to decrease due to lower demand and exports may also decrease due to lower global demand. Therefore, it is likely that the trade deficit in 2009 would be smaller than the trade deficit in 2006. Since the question asks for the ratio between the two, we can say that the trade deficit in 2009 was about half of the trade deficit in 2006. Therefore, the answer is D, one half.

Because of the Great Recession of 2008,the Trade Deficit in 2009