Which of the Following Statements Is False

question 312

Multiple Choice

Which of the following statements is false?

• A) In recent years, the United States has had large annual trade deficits in goods.
• B) The United States imports some of the same categories of goods as it exports.
• C) China has the largest share of world exports.
• D) As a percentage of GDP, U.S. exports are the highest among the industrially advanced nations.

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Definitions:

Marxists

A social, political, and economic theory originating from the works of Karl Marx and Friedrich Engels, focusing on class struggle, the conflict between the bourgeoisie and the proletariat, and advocating for a classless society.

Economy

A system of production, distribution, and consumption of goods and services within a geographical area.

Marxist Theorists

Individuals who analyze and study society, economics, and history through the lens of Marxism, a framework based on the ideas of Karl Marx focused on class struggle and societal change.

Deviance

Behaviors or actions that defy societal norms or expectations, attracting disapproval or sanctions.