Question

ICS Fullscreen GC BMC KNOWLEDGE CHECK Outline Trans Below is a chart illustrating global trade patterns in 2018. Which of the following countries was the world's largest importer at this time? Japan Knee check Creath of currency manet Che mercy market Viheres currencies Pendentes • Pegadunyamples Germany United States Section China Click to open/close chart « PREV SUBMI

Answer 1

At the time, the United States was the greatest importer in the world.

What is import?

A product or service that was created in another nation but was purchased in one is an import. The two pillars of international trade are imports and exports.

When indigenous industries are unable to provide comparable goods and services at a reasonable cost or with sufficient

A nation's trade balance, commonly referred to as its trade deficit, is negative if the value of its imports exceeds the value of its exports.

Since 1975, there has been a trade deficit in the US. According to the U.S. Census Bureau, the deficit was $576.86 billion in 2019.

Learn more about imports, from:

brainly.com/question/1060159

#SPJ1