Multiple Choice
As a result of the 2007-2009 recession,
A) declining imports created a trade surplus for the United States.
B) the U.S. trade deficit grew significantly.
C) declining imports reduced the size of the U.S. trade deficit.
D) roughly equivalent declines in both exports and imports left the U.S. trade balance unchanged.
Correct Answer:
Verified
Correct Answer:
Verified
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