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:

Verified
Correct Answer:
Verified
Q38: _ foreign direct investment occurs when a
Q39: Recent bilateral trade figures alarm politicians who
Q40: What does a country's gross domestic product
Q42: What is the best measure of a
Q44: "Value added" in the context of international
Q45: Describe the historical evolution of the European
Q46: Immigration issues are usually more intense in:<br>A)lowwage
Q47: If the value of a nation's imports
Q48: The difference in value between a nation's
Q112: The U.S. trade-to-GDP ratio is:<br>A) the highest