Which of the Following Is True About the Trade Imbalance

question 17

Multiple Choice

Which of the following is true about the trade imbalance in the United States?

• A)The United States has not had a trade surplus since 1975.
• B)Over the past decade,the U.S.trade deficit has exceeded $300 billion every year.
• C)The United States has the largest trade deficit of the top three economic centers.
• D)All of these are true: The United States has not had a trade surplus since 1975; over the past decade,the U.S.trade deficit has exceeded $300 billion every year; and the United States has the largest trade deficit of the top three economic centers.
• E)None of these answers is correct.

---

Definitions:

Short-term Cost Adjustment

Immediate actions taken to modify expenses in response to financial pressures or budget constraints.

Exploration Work Shutdowns

A halt in exploratory activities, often in industries like mining or oil exploration, due to various reasons including financial constraints, environmental concerns, or strategic realignments.

Voluntary Sabbaticals

Programs that allow employees to take extended leave from their positions, often for personal development, travel, or study, with the intention of returning to their job.

Portfolio

A collection of investments or projects held by an individual, organization, or financial institution, diversified to manage risk and achieve goals.