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If USImports Total $100 Billion and U

Question 39

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If U.S.imports total $100 billion and U.S.exports total $150 billion,which of the following is correct?


A) The U.S.has a trade surplus of $100 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.

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