Multiple Choice
If U.S.imports total $100 billion and exports total $150 billion,which of the following would be true?
A) U.S.net exports equal -$50 billion.
B) The U.S.has a trade surplus of $50 billion.
C) The U.S.has a trade deficit of $100 billion.
D) The U.S.has a trade deficit of $50 billion.
E) The U.S.has a trade surplus of $150 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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