If USExports Are $300 Billion and U

Multiple Choice

If U.S.exports are $300 billion and U.S.imports total $350 billion,which of the following is correct?

A) The U.S.has a trade surplus of $350 billion.
B) The U.S.has a trade surplus of $50 billion.
C) The U.S.has a trade deficit of $350 billion.
D) The U.S.has a trade deficit of $50 billion.