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.
Oil demand has been waning in Japan. Oil in Japan is mostly supplied by the Middle East such as Saudi Arabia or Iran, as well as Russia.
Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is the world's number one oil exporter and the country with the largest amount of oil reserves.
Ending the Bloodshed
The above would make for a good title as it alludes to the fact that the Civil War resulted in the loss of many lives and casualties. It also suggests that the event marked the end of the war
The political situation following the decline of the Roman Empire was not particularly envy-inducing. The reason for this was that Europe had no centralized government and with that there were a mixture of tribes where each fought for their right to rule over the best areas in Europe - D.
