As a Result of the 2007-2009 Recession

question 242

Multiple Choice

As a result of the 2007-2009 recession,

• A)declining imports created a trade surplus for the United States.
• B)the U.S. trade deficit grew significantly.
• C)declining imports reduced the size of the U.S. trade deficit.
• D)roughly equivalent declines in both exports and imports left the U.S. trade balance unchanged.

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