Which of the Following Statements About Trade Deficits Is FALSE

question 34

Multiple Choice

Which of the following statements about trade deficits is FALSE?

• A) The trade deficit in the United States has grown since the early 1990s.
• B) Budget deficits tend to produce trade deficits.
• C) The U.S. has run a trade deficit for over 30 years.
• D) A U.S. trade deficit makes it less likely that foreigners will make investments in the United States.

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Definitions:

Ethical Issue

A situation or problem that requires individuals or organizations to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).

Ethical Issue

A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right or wrong.

Evaluated

The process of assessing or examining something to determine its value, quality, or significance.

Society

A large community of people living together in an organized way, making decisions about how to do things and sharing the work that needs to be done.