Multiple Choice
Statement I: In 2009 the United States had a negative merchandise balance of trade over $708 billion.
Statement II: In 2009 the United States had a positive services balance of trade over $118 billion.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
Correct Answer:
Verified
Q149: Net exports is a positive number whenever<br>A)a
Q150: The 2009 our imports and exports added
Q151: In the last 30 years,the U.S.has become
Q152: Between 1993 and 2009,the trade deficit with
Q153: With regard to dependence on international trade,for
Q155: Because of the _,the United States and
Q156: Before the _ the American export-import sector
Q157: The world's leading exporting nation is _;the
Q158: Statement I: Until the mid-1970s,U.S.exports and imports
Q159: If total imports exceed total exports,other things