When US Merchandise Imports Are Greater Than Exports, the United States

question 10

Multiple Choice

When U.S. merchandise imports are greater than exports, the United States is running a

• A)trade deficit.
• B)trade surplus.
• C)trade balance.
• D)capital account surplus.

---

Definitions:

Need-Satisfying Benefits

Need-satisfying benefits are aspects of a product or service that fulfill explicit or implicit needs of the consumer, contributing to its perceived value.

Distribution Outlets

Points of sale or channels through which products are made available to customers.

Need-Satisfying Benefits

The advantages or positive outcomes that a product or service provides to fulfill the specific needs of a customer.

Information Overload

The state of being overwhelmed by the vast amount of information available, making it difficult to make decisions or focus effectively.