Solved

Which of the Following Statements About the United States-China Bilateral

Question 22

Multiple Choice

Which of the following statements about the United States-China bilateral trade balance is correct?


A) It is a good indicator of the inequality of imports and exports between the United States and China.
B) It vastly understates the gap in imports and exports between the United States and China.
C) It may overstate the gap in imports and exports between the United States and China because some material inputs used to produce Chinese exports do not originate in China.
D) It shows that there is balanced trade between the United States and China.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents