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.
Answer:
A
Explanation:
The Declaration of Independence was written so the United States could finally have recognition from their friendly foreign governments.
The Missing Colony's name was Roanoke.
Question 1: 1/3
Question 2: The south
Question 3: The cotton gin
Question 4: N/A
Answer:
Hello There!!
Explanation:
I think the answer is A.claiming colonial territories.
hope this helps,have a great day!!
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