If the United States Had Negative Net Exports Last Year

question 341

Multiple Choice

If the United States had negative net exports last year, then it

• A)sold more abroad than it purchased abroad and had a trade surplus.
• B)sold more abroad than it purchased abroad and had a trade deficit.
• C)bought more abroad than it sold abroad and had a trade surplus.
• D)bought more abroad than it sold abroad and had a trade deficit.

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Definitions:

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