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

---

Definitions:

Dreck Paintings

Refers metaphorically to artwork considered of low quality or value, often created without genuine effort or artistic integrity.

Interest Rate

The percentage charged or paid for the use of money on a yearly basis, often expressed as an annual percentage rate.

Market Value

The current price at which an asset or service can be bought or sold in an open market.

Interest Rate

The cost of borrowing money or the return on investment for savings and loans, expressed as a percentage of the principal.