Statement I: Our Trade Deficit in 2009 with Japan Was

question 160

Multiple Choice

Statement I: Our trade deficit in 2009 with Japan was greater than our trade deficit with China.
Statement II: Our negative merchandise trade balance is about as large as our services trade (positive) balance.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.