Which of the Following Would Result in a Trade Surplus

question 230

Multiple Choice

Which of the following would result in a trade surplus for the United States?

• A) Exports of goods = $450 billion Imports of goods = $400 billion
• Exports of services = $200 billion
• Imports of services = $250 billion
• B) Exports of goods = $450 billion Imports of goods = $450 billion
• Exports of services = $200 billion
• Imports of services = $250 billion
• C) Exports of goods = $450 billion Imports of goods = $460 billion
• Exports of services = $200 billion
• Imports of services = $100 billion
• D) Exports of goods = $450 billion Imports of goods = $490 billion
• Exports of services = $200 billion
• Imports of services = $100 billion

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Definitions:

Achievement

The accomplishment of an aim or purpose, often recognized because of effort or skill.

Goals

Goals or intended results that a person or a team strives to accomplish.

Overly Optimistic

Describes an excessive belief in the positive outcomes of situations or events, often ignoring possible risks or negative outcomes.

Realistic

Pertaining to or resembling a real-life situation or practical considerations, often grounded in factual and pragmatic thinking.