Question

If the United States exports more goods/services than it imports, then the U.S. would have a(n)Multiple Choicetrade deficit.unfavorable balance of trade.trade surplus.favored trading nation.increased global impact.

Answer 1

Answer: trade deficit.

Explanation:

Countries have to trade with other nations in order to have access to other goods and services and sometimes these countries can import more goods and services than they export. When this happens this is called a Trade deficit.

Trade deficits can be bad because it means that a country is spending more outside than it is receiving so a sustained trade deficit is not ideal.