Which of the Following Is True About the Trade Deficit

question 44

Multiple Choice

Which of the following is true about the trade deficit in the United States?

• A) Since 1975, the U.S. trade deficit has been continuous.
• B) By law, the U.S. cannot have a trade deficit.
• C) Because of its position in a free trade zone, the U.S. does not have a trade deficit.
• D) By executive order, the President is the only person who can control this deficit.

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Definitions:

Anticipate Consequences

The act of predicting and considering potential outcomes of actions or decisions.

Problem Solving

Moving from the point at which we initially realize that we have a difficulty which requires our attention to that point where we regard the difficulty as being sufficiently resolved for the current time and circumstances.

Expectations

Beliefs or anticipations about the way something should be or how future events will unfold.

Baccalaureate

An academic degree conferred on someone who has completed undergraduate studies.