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.
Correct Answer:

Verified
Correct Answer:
Verified
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