If the United States has a trade deficit with China, then China must have

Question

Quizplus · Accepted Answer

A trade deficit means that a country is importing more goods and services than it is exporting. Therefore, if the United States has a trade deficit with China, it means that the U.S. is importing more goods and services from China than it is exporting to China. This, in turn, means that China has a trade surplus with the U.S. because it is exporting more to the U.S. than it is importing from the U.S.

If the United States Has a Trade Deficit with China