Question

In 1994, the trade deficit was over 150 billion dollars. True or False?

Answer 1

The statement is true. Amid the Clinton organization, the administration closed down while Congress and the President consulted over how to diminish the national deficiencies. The spending shortage is the distinction between the cash government takes in, called receipts, and what it spends, called expenses every year.

Answer 2

that statement is true. In 1994 indeed the trade defisit surpassed a staggering amount of 150 billion dollars. In 1994, US had a Trade Deficit of 150,626,700,000. This numbers keep increasing throughout the year and in 2014 alone, our defisit reach more than 500 billion