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.
Answer:
is there more to the question?
Conflict in the Middle East disrupted energy markets, causing high oil and gas prices in the United States. D. Conflict in the Middle East disrupted oil exports from the region, leading to a boom in U.S. oil production
Many fled political and religious persecution. Others hoped to improve their condition by owning their own land or by participating in the fur trade. Some came as servants.
