Which of the following statements about the relationship between the imports into the U.S.and the exports from the U.S.during the last 30 years is most accurate?
A)No accurate data has been made available from the WTO on trade imports and exports.
B)The volume of both imports and exports has consistently decreased.
C)Imports into the U.S.and exports have been about equal,indicating balanced trade.
D)Exports have exceeded imports,indicating a continuing balance of trade surplus.
E)Imports have exceeded exports,indicating a continuing balance of trade deficit.

Question

Quizplus · Accepted Answer

According to the data provided by the U.S. Census Bureau, the U.S. has consistently had a trade deficit (imports exceeding exports) over the last 30 years, indicating a continuing imbalance of trade. Therefore, option E is the most accurate statement.

Which of the Following Statements About the Relationship Between the Imports