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.
The 1876 Democratic National Convention nominated Governor Tilden of New York on the second ballot. The results of the election remain among the most disputed ever. ... The Compromise in effect ceded power in the Southern states to the Democratic Redeemers, who proceeded to disenfranchise black voters thereafter.
I never reviewed this in class but I do remember that my teacher said that Rome had a strong army. I know its not B, C, and I don't think its D.
Hopefully this helped you.
