Answer:
The country that has a trade deficit is US and the country that has a trade surplus is China.
A country has a trade surplus if the value of export is greater than the value of import.
A country has a trade deficit if the value of export is less than the value of import.
If the US buys goods from China, it is considered import to US and export to China
Total value of export in China / Total value of import to US:
Cost of goods and services purchased + humanitarian aid + amount spent by tourists + amount spent in the stock market
$800 + $100 + $200 + $1000 = $2100
Total value of export in US / Total value of import to China:
Cost of goods and services purchased + humanitarian aid + amount spent by tourists
$1000 + $300 + $600 = $1900
Explanation:
hope it helps
Answer:
All The Above
Explanation:
Articles of confederation initially made to create a form of government that give the power to the local rather than central government. At that time, we just got our freedom from the British Empire and the founding fathers swore to create a government that does not give power to small groups of nobles such as the monarchy.
So huge responsibilities such as Taxing citizens and Regulate trade was given to the states rather than the national government.
'Require states to contribute money to the national government
' ,and could 'not Pass a law unless nine of the 13 states agreed' also made as a form of protection to the states. This rule was created to make sure that the national government could not coerce the states to conform to their will.
Answer:
i think its it not on his voyage
The theory which states that when there are multiple possible explanatons of an event or a phenomenon, the simplest is the best would be Occam's razor.
However, it's important to note that this idea actually states that we shouldn't necessarily multiply ontological entities, which doesn't really mean the easiest solution necessarily.
