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If the USHas Exports of $1

Question 182

Multiple Choice

If the U.S.has exports of $1.5 trillion and imports of $2.2 trillion,then the U.S.


A) sells more overseas then it buys from overseas;it has a trade deficit.
B) sells more overseas then it buys from overseas;it has a trade surplus.
C) buys more from overseas then it sells overseas;it has a trade deficit.
D) buys more from overseas then it sells overseas;it has a trade surplus.

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