Changes in the products Americans buy and sell,additional jobs,and an improved standard of living are all effects of
A)an increase in imports and an increase of exports.
B)an increase in imports and a decrease in exports.
C)a decrease in imports and a decrease in exports.
D)a state of equilibrium between imports and exports.
E)the reversal of importance between the services sector and the manufacturing sector.

Question

Quizplus · Accepted Answer

An increase in both imports and exports leads to changes in the products Americans buy and sell, as well as additional jobs being created. This also contributes to an improved standard of living, as the economy is growing and more opportunities are available.

Changes in the Products Americans Buy and Sell,additional Jobs,and an Improved