If the USHas Exports of $1

question 182

Multiple Choice

If the U.S.has exports of $1.5 trillion and imports of $2.2 trillion,then the U.S.

• A)sells more overseas then it buys from overseas;it has a trade deficit.
• B)sells more overseas then it buys from overseas;it has a trade surplus.
• C)buys more from overseas then it sells overseas;it has a trade deficit.
• D)buys more from overseas then it sells overseas;it has a trade surplus.

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