In the U.S.economy,the year 1971 marked the first postwar
A) federal deficit.
B) trade imbalance.
C) balanced budget.
D) export surplus.
E) agricultural surplus.

Name: In the U.S.economy,the year 1971 marked the first postwar A) federal deficit. B) trade imbalance. C) balanced budget. D) export surplus. E) agricultural surplus.
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Question

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In 1971, the U.S. experienced its first postwar trade imbalance, marking a significant shift from its previous position as a dominant exporter in the global market.

In the USEconomy,the Year 1971 Marked the First Postwar