The answer is: United States would have a deficit of $11 billion in the given year.
A trade surplus occurs when a country exports more than it imports. On the other hand, a deficit is when a country imports more products than it exports.
In the above example, the United States is exporting only $5 billion of goods but importing $16 billion of products. This means that the total trade deficit in the example is 16-5 = $11 billion.
This actually represents the current situation of the United States where it has a significant trade deficit with many major economies in the world, most noticeably with China.
They established colonies in the New World to escape religious persecution in Britain. I hope this helps!
Answer:Social Darwinism was used to justify imperialism. The main idea behind Social Darwinism is that the strongest and fittest survive. Those who supported imperialism believed that the places that were being colonized weren't as fit or as a strong as the imperial country was.
Explanation:
Answer:
Treaty of Versailles
Explanation:
The league of nation was a clause in the treaty of Versailles
May you send a video or a voice recording please ?
