Answer: a) Imports > Exports = Trade Deficit
Explanation:
When something is said to be in deficit, it means that more money is being spent than is being received. This is why this situation is called a trade deficit, because imports represent spending and exports represent gains and when there is more spending than gains, there is a trade deficit.
When however, there is more exports than imports, you have what is called a trade surplus. Not a lot of countries can manage this.
The North was in favor of tariffs, while the South hated tariffs. This was because the North was focused on industrialization and the South was focused on agriculture.
A tariff is essentially a tax on foreign goods. It helped protect factories and businesses within the United States, as it made people want to buy from their own country since there was no foreign tax. This was <u>good for the North</u>, as more people were buying their products as opposed to them buying elsewhere. This was <u>not good for the South</u> though, as the South normally sold their goods overseas. This made their products look less desirable to foreign countries, as there was now a tax on them. The South also was buying a lot from overseas, but now it was more expensive.
I think the correct answer from the choices listed above is the third option. A direct result of the distribution of goods in Africa would be that the development of cities. Hope this answers the question. Have a nice day.<span />
