Multiple Choice
If U.S.exports are $150 billion and U.S.imports are $100 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.
Correct Answer:
Verified
Correct Answer:
Verified
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