Data on Exports and Imports for the United States Over

question 10

Multiple Choice

Data on exports and imports for the United States over the period from 1890 to 2008 show that

• A)the United States had large trade deficits throughout this entire period.
• B)the United States had large trade surpluses throughout this entire period.
• C)the percentage of total output exported by U.S. firms fell dramatically during World War I and World War II.
• D)a higher percentage of U.S. goods was exported in recent years than in earlier years.

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There

Used to indicate a place or location, or to introduce a subject or situation.

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Explanatory

Pertaining to the analysis or explanation of data or phenomena, often used to describe variables or factors that aim to elucidate relationships within statistical models.