Which of the Following Would Result in a Trade Surplus

question 17

Multiple Choice

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

• A)Exports of goods = $725 billion Imports of goods = $790 billion
• Exports of services = $350 billion
• Imports of services = $260 billion
• B)Exports of goods = $625 billion Imports of goods = $625 billion
• Exports of services = $300 billion
• Imports of services = $375 billion
• C)Exports of goods = $550 billion Imports of goods = $575 billion
• Exports of services = $275 billion
• Imports of services = $300 billion
• D)None of the above will result in a trade surplus.

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Definitions:

Vicariously Liable

A legal principle where one party is held responsible for the actions or negligence of another party, usually in employer-employee relationships.

Motor Vehicle Accident

A motor vehicle accident is an incident involving a collision between one or more vehicles, potentially causing injury, death, or property damage, often subject to legal investigation for liability and damages.

Integral Part

An essential or necessary component of a whole, without which the whole would be incomplete.

Accessory To It

Being an accessory to it refers to the legal culpability of a person who assists in the commission of a crime but does not actually participate in its commission as the main perpetrator.