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.
The Arabs
The Byzantine Arab wars were some of the longest lasting in history. They mostly pitted Arab Muslims against Eastern Roman or Byzantine Empire between the 7th and 11th centuries AD. The wars started during the initial Muslim conquests
Answer:The Han dynasty (206 BC – 220 AD) of ancient China experienced contrasting periods of economic prosperity and decline.
Explanation:
The correct answer is, B. The patriarch sent a letter condemning the Popes actions! Hope this helps!
