Since the formation of NAFTA,our trade deficit with Mexico has gone ___________ and our trade deficit with Canada has gone ___________.
A) up,up
B) down,down
C) up,down
D) down,up
Correct Answer:
Verified
Q12: Net exports is a negative figure whenever
A)a
Q13: If U.S.imports of goods and services exceed
Q14: Net exports are
A)the smallest component of GDP.
B)income
Q15: Which is the most accurate statement?
A)Our trade
Q16: The NAFTA agreement affects our trade with
A)AsiA.
B)North
Q18: Congress has ratified
A)both NAFTA and GATT.
B)neither NAFTA
Q19: Relative to the trade deficit in 1990
Q20: Which statement is true?
A)C + I +
Q21: The world's largest exporter is
A)The United States.
B)Japan.
C)Germany.
D)the
Q22: Net exports is defined as
A)exports plus imports.
B)exports
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