Which of the Following Would Result in a Trade Surplus

question 230

Multiple Choice

Which of the following would result in a trade surplus for the United States?

• A) Exports of goods = $450 billion Imports of goods = $400 billion
• Exports of services = $200 billion
• Imports of services = $250 billion
• B) Exports of goods = $450 billion Imports of goods = $450 billion
• Exports of services = $200 billion
• Imports of services = $250 billion
• C) Exports of goods = $450 billion Imports of goods = $460 billion
• Exports of services = $200 billion
• Imports of services = $100 billion
• D) Exports of goods = $450 billion Imports of goods = $490 billion
• Exports of services = $200 billion
• Imports of services = $100 billion

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Definitions:

Radical Republicans

A faction within the U.S. Republican Party during the Civil War and Reconstruction eras, advocating for the abolition of slavery and aggressive measures to ensure civil rights for freed slaves.

Democrats

A major political party in the United States, historically associated with progressive policies and a broader social safety net.

Congress

The legislative body of the United States government, consisting of two chambers: the House of Representatives and the Senate.

Slave Code

Laws established to regulate the status of slaves, dictating everything from the movement to the behavior of enslaved individuals.