Statement I: Our Oil Imports and Our Trade Deficit with Japan

question 226

Multiple Choice

Statement I: Our oil imports and our trade deficit with Japan and China together account for the majority of our overall trade deficit.
Statement II: Although the Chinese market is open to American producers,the Chinese people have very little income to purchase relatively expensive imported goods.

• 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.

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Definitions:

Milk Production

The biological process by which mammals produce milk to feed their young.

Electroencephalogram

A test that measures and records the electrical activity of the brain to detect potential problems associated with this activity.

Electrical Impulses

Signals transmitted through neurons or artificial circuits, used to convey information or stimulate responses.

Brain

The organ located in the skull responsible for coordinating sensation, intellectual and nervous activity.