When the United States Recently Imported $2,661 Billion in Merchandise

question 43

True/False

When the United States recently imported $2,661 billion in merchandise and services and exported $2,103 billion, it had a trade deficit.

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Definitions:

Dutch Auction

An auction model where the price of the item is lowered until it finds a buyer, commonly used for selling financial securities.

Shares

Equities in a corporation or financial asset, these units grant holders a proportional claim on profits via dividends, should they be distributed.

Rights Offering

An economic arrangement allowing existing stockholders the opportunity to buy more shares ahead of the general public, frequently at a reduced price.